Turing has secured $111 million in Series E funding to power the next wave of AGI. This latest round values Turing at $2.2 billion (based on Q3 2024 revenue) and brings total funding to $225 million since its founding in 2018.
With the backing of leading global investors—including Khazanah Nasional Berhad, WestBridge Capital, Sozo Ventures, Uphonest Capital, AltaIR Capital, Amino Capital, Plug and Play, MVP Ventures, Fortius Ventures, Gaingels, and Mastodon Capital Management—Turing is positioned to affirm our vision to rapidly advance AGI through data and research, while revolutionizing AI-driven talent and intelligence capabilities globally.
Powering AGI Progress at Scale
Through this investment, Turing will focus on three core areas:
- AGI Advancement: We’re expanding our role as a research accelerator for frontier labs—advancing the next generation of multimodal models with stronger reasoning, scientific, technical, and engineering (STE) capabilities through our data and post-training programs. These contributions accelerate progress on frontier benchmarks and support safer, more capable AGI development.
- Turing Intelligence: We’re accelerating the development of enterprise-grade AI systems—fine-tuning curated models on proprietary datasets and strengthening the infrastructure required for scalable, high-performance deployments. These efforts enable faster development cycles, improved model accuracy, and more reliable GenAI performance in production environments.
- Deliver Talent: We’re reinvesting in a core pillar of Turing’s origins: connecting world-class engineering talent with the AI companies and enterprise businesses shaping the future. This next phase expands our ability to place deeply vetted talent into high-leverage roles—and lays the foundation for tighter integration between human expertise and frontier AI systems across the stack.
This funding marks a pivotal milestone in our journey. As we scale rapidly, our commitment remains clear: to harness AI and talent on a global scale, transforming businesses and creating unmatched value.
Join us as we drive forward this exciting new chapter!
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