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Langsmith

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LangChain poised for unicorn status, sources reveal

Originally Published 6 months ago — by TechCrunch

Featured image for LangChain poised for unicorn status, sources reveal
Source: TechCrunch

LangChain, an AI infrastructure startup known for its tools to build and monitor LLM-powered applications, is raising a new funding round at an estimated $1 billion valuation, driven by its popularity and expansion into LLM observability with its product LangSmith, despite increased competition and evolving APIs from major providers.

LangChain Launches Highly Anticipated Paid Product, Garnering Massive Waitlist

Originally Published 1 year ago — by Forbes

Featured image for LangChain Launches Highly Anticipated Paid Product, Garnering Massive Waitlist
Source: Forbes

LangChain, an open-source AI software maker, has launched its first paid product, LangSmith, which helps programmers building on large language models like OpenAI’s GPT-4 to better track and test their underlying code. The startup, led by CEO Harrison Chase, has confirmed a $20 million funding round led by Sequoia and already has a waitlist of 80,000 for its new tools. LangSmith has been adopted by companies like Elastic, Rakuten, and Moody’s, with 5,000 users working with it monthly. LangChain, which started as a tool for Chase's personal use, has quickly gained investor interest and aims to provide value in the rapidly evolving AI ecosystem.