Samaya AI, founded by Indian-origin Maithra Raghu, exemplifies the power of global talent building at the intersection of US financial markets and cutting-edge AI. With a founding team from Google Brain, Meta AI, AWS, and Stanford, this startup is transforming how financial services leverage artificial intelligence!
What is the news?
- Samaya AI, an expert AI platform for financial services, has raised $43.5 million in funding led by NEA, with participation from Eric Schmidt (former Google CEO), Yann LeCun (Turing Award winner), David Siegel (Co-founder Two Sigma), and Marty Chavez (Vice Chair Sixth Street) and other tech/finance leaders.
- The startup is launching its latest AI agent, Causal World Models, which can autonomously model the entire economy and provide quantitative predictions for economy-wide questions.
Why is it interesting?
- Their AI agents are designed for “factuality over fluency”, specifically trained for financial expertise rather than generic ‘internet user’ responses, addressing the critical trust issue in financial AI.
- With Morgan Stanley as a customer and 100% month-over-month growth, they’re proving that domain-specific AI can revolutionize complex workflows in investment research, client advisory, and deal diligence.
Read more: Samaya AI Announces $43.5m in Funding Led by NEA, Launches New AI Agent for Financial Services