You.com raises $50M to lead AI for Knowledge Workers. Featuring you.com Co-Founder Richard Socher
- S5E7
- 29:00
- September 4th 2024
You.com showcases the state of AI today
The story of you.com is multi-faceted and telling in many ways. You.com was founded in 2020 by Richard Socher, one of the leading NLP (Natural Language Processing) researchers in the world, to offer a better search experience to users and compete with Google.
With a startup exit and a Chief Data Scientist stint at Salesforce, Socher got the experience, network and backing he needed to pursue his long-time ambition of taking on Google. That's something few people have tried, with moderate success.
Socher diagnosed early enough that the way to success is by carving a niche for you.com. You.com focuses on serving knowledge workers in "complex informational / action searches": elaborate queries, and queries that are really about accomplishing a task, respectively.
In 2022, in the pre-ChatGPT era, Socher set out a course for you.com based on AI, apps, privacy, and personalization. In 2024, you.com is staying the course, but a few things have changed. In the GenAI era the competition is growing, and borrowing pages from you.com’s book.
Language model providers such as OpenAI and Anthropic now offer services similar to you.com. Upstarts such as perplexity.ai have sprung up, and Google itself is embracing the AI approach to search.
You.com is making progress too. Since launching in November 2021, you.com has served 1 billion queries and has millions of active users, including from Fortune 500. The company's ARR has grown by 500% since January 2024.
Today, you.com announced a $50 million Series B funding round, as well as a new team plan called Multiplayer AI. We caught up with Socher, talked about the news, and took you.com for a spin.
Article published on Orchestrate all the Things: https://linkeddataorchestration.com/2024/09/04/you-com-raises-50m-to-lead-ai-for-knowledge-workers/
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