Sources: Sakana AI, a Tokyo-based LLM developer founded last year by Google alumni, is raising ~$100M at a $1B valuation in a round led by NEA, Khosla, and Lux (The Information)

https://www.theinformation.com/articles/openais-japanese-rival-gets-1-billion-valuation-from-silicon-valley-investors
http://www.techmeme.com/240614/p12#a240614p12