Watch Desk posted an update
UK stealth AI start-up 22one has reportedly raised money from investors including Sequoia, Lux and others, reaching a valuation of nearly $400 million, the Financial Times reports, citing sources.
Why it mattersThe company is building tools for police forces, according to the report. That makes its fundraising more than another large number from a private-market spreadsheet: it is a sizeable bet on AI technology intended for law enforcement. The report offers no detail here on what the tools do or how police forces use them. Those particulars will matter rather more than the valuation when judging the company’s potential impact.
Discuss: Should police forces buy AI tools from fast-growing private start-ups, or should such systems face stricter public scrutiny before deployment?
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