PALO ALTO – Turing, a leading artificial general intelligence (AGI) infrastructure company, recently highlighted its advancements in foundation model research and scalable AI infrastructure during a live discussion on the @twistartups platform with Alex. The company, which recently secured $111 million in Series E funding, is focused on pushing the boundaries of AGI development.
The tweet from Turing stated, > "We're live on @twistartups with @alex. Had a great time unpacking how Turing AGI Advancement is pushing the boundaries of foundation model research, post-training methods, and scalable infrastructure. If you’re building for the AGI era, this one’s for you." This engagement underscores Turing's commitment to open discourse on its technological progress.
Turing’s AGI Advancement division is dedicated to working with premier AI labs to enhance frontier model capabilities across various domains, including reasoning, coding, agentic behavior, multimodality, and STEM knowledge. This division is a core part of Turing's dual business strategy, which also includes Turing Intelligence, aimed at deploying real-world AI systems for Fortune 500 companies.
The recent $111 million Series E funding round, led by Khazanah Nasional Berhad, Malaysia’s sovereign wealth fund, valued Turing at $2.2 billion. This significant capital injection is earmarked to fuel research and development, as well as sales and marketing efforts for both Turing AGI Advancement and Turing Intelligence. The funding positions Turing to further accelerate its mission of advancing and deploying powerful AI systems.
Turing achieved profitability in 2024 with an annual revenue run rate of $300 million, nearly tripling its prior year's performance. This financial growth, coupled with strategic investments, reinforces Turing's standing as a rapidly expanding player in the AGI sector. The company continues to deepen its talent pool, including STEM PhDs, to support its ambitious AGI development goals.