AI TRENDS | Wonder Raises $650 Million at $9 Billion Valuation

AI food platform Wonder said it has completed a $650 million financing round with participation from Accel, Google Ventures, and NEA. According to Odaily, new investors include ARK Invest, AllianceBernstein, and Kayne Anderson, while Goldman Sachs, Jefferies, and JPMorgan Chase served as the financing arrangers. The company is developing an AI platform called MEL that analyzes users' biometrics and physical condition to automatically plan and order meals based on individual needs. Wonder said its post-money valuation reached $9 billion and it plans to begin its initial public offering in early next year.