Amity Solutions Raises US$60 Million

Amity Solutions, a Bangkok-based generative AI startup, has raised US$60 million in funding. The funding round was led by Temasek, with participation from GGV Capital, Vertex Ventures, and others.

Amity Solutions develops AI-powered tools for businesses to automate tasks, generate content, and improve decision-making. The company's flagship product, Amity Write, is a writing assistant that can generate text in over 100 languages.

The funding will be used to expand Amity Solutions' team, develop new products, and expand into new markets. The company plans to hire 100 new employees by the end of the year.

"We are excited to partner with Temasek and our other investors to accelerate the growth of Amity Solutions," said Amity Solutions CEO Pachara Annasutthiphan. "This funding will allow us to invest in our team, our products, and our growth strategy."

Conclusion

Amity Solutions' funding is a sign of the growing interest in generative AI. Generative AI has the potential to revolutionize many industries, from healthcare to manufacturing. As Amity Solutions continues to develop its products and expand its team, it is well-positioned to become a leader in this emerging field.