March 6, 2025:
Turings $111M Funding Boosts AI Ventures - Turing, a crucial partner for AI companies such as OpenAI, raised $111 million in Series E funding, doubling its valuation to $2.2 billion. Initially an HR tech startup for remote coders, Turing has excelled in AI by assisting code integration to enhance LLMs. With $167 million in ARR and profitability, this investment will drive expansion into additional AI projects.
Led by Malaysia's Khazanah Nasional, the funding will support Turing's ongoing growth in foundational AI collaborations and generative AI applications. Despite expanding, Turing remains committed to its core business of sourcing coding talent, ensuring continued success in both AI advancements and talent acquisition.
