Sierra

Bret Taylor’s AI startup, Sierra, achieved unicorn status with a $350 million funding round, valuing it at $10 billion. Sierra joins a select group of AI companies exceeding this valuation, fueled by investor enthusiasm. Founded in 2023, Sierra focuses on AI agents for customer service, claiming to assist millions with diverse tasks. The funding, led by Greenoaks, will support platform development, infrastructure scaling, and R&D. This follows Anthropic’s recent funding and highlights the intense AI investment landscape, emphasizing ethical AI development for long-term success.