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· today in ai · 2026-07-08
Prime Intellect raises $130M for agents
Archive item — written before sources were shown.
The $1B-valuation round, led by Radical Ventures, funds compute, an RL framework and eval tooling so enterprises can train their own agentic AI systems.
Prime Intellect closed a $130M Series A valuing the company at $1B, TechCrunch reported July 8, with Radical Ventures leading and Nvidia Ventures, Intel Capital, Dell Technologies Capital, and Iconiq also participating. The company sells compute, an RL training framework, and eval tooling so enterprises can train their own agentic systems without depending on a frontier lab; it counts Ramp and Zapier as customers and claims roughly $100 million in annual recurring revenue.
sources
- 01Prime Intellect raises $130M Series A to help enterprises build their own AI agentstechcrunch.com · reporting
Rami Steitieh