What does Egune AI do?
Egune AI is a foundational AI models startup based in Ulaanbaatar, Mongolia that develops language AI solutions. Their offerings are designed to incorporate the language, cultural, and cognitive characteristics of various regions to meet the diverse needs of users and enterprises.
How much did they raise?
The company raised $3.5M through an equity funding round led by Golomt Bank, reflecting strong investor confidence in its innovative approach.
What are their plans for the money?
Egune AI intends to use the raised funds to expand its operational capacity and further its development efforts, which could significantly enhance their product capabilities and market reach.
What have they achieved so far?
The startup has already launched a comprehensive suite of language AI solutions, showcasing its advanced expertise in building foundational AI models tailored to local cultural and linguistic nuances.