AI Startup Alphasense Raising Funds at $2.5 Billion Valuation

Alphasense Inc., a market-research and data firm powered by artificial intelligence, is in the process of raising funding at a $2.5 billion valuation, people familiar with the matter said.

The New York-based company is in talks to collect about $150 million, which would be used to fund growth opportunities, including potential acquisitions, according to the people, who asked to not be identified because the details aren’t public. The round, which hasn’t closed yet, could be announced within weeks, they said.

A representative for Alphasense declined to comment.

The funding round comes at a time of white-hot interest in AI-oriented ...