Organisation · lab · IL

AI21 Labs

An Israeli lab, among the first outside OpenAI to sell a large language model via API; later shifted to its hybrid Jamba architecture and enterprise reliability tools.

5 entries · August 2021 – May 2025

AI21 Labs is an Israeli company, founded in 2017, that was among the first outside OpenAI to offer a large language model to developers through a commercial API, releasing its Jurassic-1 models in 2021 at a scale then rivalling GPT-3. It has since moved away from competing on sheer model size, shifting toward its Jamba family — which combines the transformer design with an alternative "state-space" architecture — and enterprise reliability tools sold to corporate customers. Its recent history also illustrates how loosely reported AI finance can be: a widely cited $300 million funding round in 2025 was later said by the Israeli outlet Calcalist never to have actually closed, even as Nvidia was reported to be weighing an acquisition of the company, which AI21 denied.

Category
Frontier & foundation-model labs
Founded
2017
HQ
Tel Aviv, IL
Funding
Reported $300m Series D (2025) later said by Calcalist never to have closed

Tracks

  • Models & capabilities 3
  • Money & business 2
  • Open weights & ecosystem 2