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Andreessen-Backed AI Search Startup Exa Valued at $2.2 Billion

Exa Labs Inc., a San Francisco-based startup that wants to build a search engine tailor-made for the age of artificial intelligence, raised $250 million at a $2.2 billion valuation in a round led by venture firm Andreessen Horowitz.

An artificial intelligence (AI) logo at the MWC25 tech show in Barcelona, Spain, on Tuesday, March 4, 2025. The Mobile World Congress tech show runs March 3-6. Photographer: Angel Garcia/Bloomberg
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