Bret Taylor’s Sierra is the latest $10 billion AI startup
Openai Chairman Bret Taylor, Idaho on July 8, 2025, Sun Valley Resort in Sun Valley Annual Allen and Co. Sun Valley is attending the Media and Technology Conference.
David A. Grogan | CNBC
Bret Taylor’s artificial intelligence attempt Sierra participated in a private club: the company is doing a new valuation of $ 10 billion after collecting new capital of $ 350 million.
Sierra is one of the only handful AI attempts, including Openai, Anthropic, Xai, Safe Super -Supria and Thinking Machines with a value of $ 10 billion.
Investors are finally pouring money to this competitive company group, hoping that they will reach public markets.
Taylor is the president of the Openai board of directors and has previously served as a joint CEO. Salesforce Marc with Benioff. Taylor founded Sierra in 2023. The company builds and implements AI representatives for customer service. AI agents can perform duties as autonomous on behalf of their users.
Salesforce shares fell 5% on Thursday after the company’s worries about the company’s weak guidance declaration and how AI affects software companies.
Sierra said that agents have already been used by “hundreds of millions of people” to help re -finance houses, order lunch, delivering furniture, understanding insurance cuts and correcting technology.
The company said Greenoaks manages Sierra’s last financial tour. The valuation increased by more than twice the last increase in October.
“We’re like this in the long run,” Sierra said Blog post Thursday.
The company said it would use its new fund to invest in the platform and focus on domestic and international expansion.
Sierra’s financing follows the rush of other major AI rise in Silicon Valley. Anthropic at the beginning of this week announced After the money, a $ 183 billion valued a financing tour of 13 billion dollars.
WRISTWATCH: Bret Taylor, Founder of Sierra, on the role of AI agents in a developing global landscape
