Giotto.ai seeks $200M at $1B+ valuation; criticized as Kimi-based and over-restricted
eliebakouch · x · 2026-10-28
Per Reuters, Swiss Lausanne-based AI lab Giotto.ai has hired Lazard to raise over $200M at a valuation above $1B, pitching itself as Europe's latest AGI contender. Developer eliebakouch sharply criticized the leak from Artificial Analysis' intelligence index: the model appears Kimi-based yet is more closed and restricted than OpenAI or Anthropic; it touts saturated benchmarks like MATH-500, AIME and GPQA, and forbids users from benchmarking it themselves — "potentially $200M to benchmark on saturated evals and claim sovereign AI."
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