TechBloomberg Tech38m ago

Nvidia-Backed Pigment raises $250M to Take On Microsoft

Nvidia-Backed Pigment Raises $250M to Take On Microsoft

TL;DRPigment raises $250M to build AI alternative to Microsoft's Excel and PowerPoint.

Why it matters: Nvidia backing signals serious competition emerging in enterprise productivity software dominated by Microsoft.

French AI company, Pigment has raised $250 million at a $2.3 billion valuation as it aims to take on the dominance of Microsoft's Excel and PowerPoint. Co-CEO Eléonore Crespo explains why backing from Nvidia is a particular validation of the startup and how it’s looking to…

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Source: Bloomberg Tech · Opens in new tab