US investor leads $54M funding round for Estonian AI company Pactum
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- The Estonian artificial-intelligence giant, Pactum, has recently raised $54 million, aiming to expand its knowledge in Tallinn and beyond.
- With this investment, Pactum aspires to enhance its language processing capabilities, a key component in its technology-driven business.
- The company's growth in Estonia's tech sector is not only limited to business applications, as they also explore the intersection of technology and art.
- Pactum's expansion plans involve delving deeper into artificial-intelligence integration, envisioning a future where AI plays a significant role in various industries and everyday life.