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Legal AI startup Harvey valued at $11 billion in funding round, as VCs spread bets beyond model companies

Harvey co-founders Winston Weinberg and Gabe Pereyra.Courtesy of HarveyWith OpenAI and Anthropic soaring to a combined valuation of more than $1 trillion, some in the artificial intelligence industry fear that the two big model companies are sucking up so much of the value that there won't be much left for other startups. Harvey would like a word. On Wednesday, the legal AI company announced it's raised $200 million in fresh capital at a valuation of $11 billion. The company is among a growing c...

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