Turing Raises $111M at $2.2B Valuation to Fuel AI Coding Expansion
2 min read Turing, a key coding provider for OpenAI and other AI companies, has secured a $111 million Series E round, doubling its valuation to $2.2 billion. The company, which started as a remote-work hiring platform, now plays a critical role in enhancing LLM reasoning by contributing AI-training code. March 06, 2025 15:12
Key Highlights
✅ AI-Driven Growth – Turing helps build AI models and generative AI apps.
✅ $167M ARR & Profitability – The company has been profitable for a year.
✅ Global Talent Network – Works with 4 million coders worldwide.
✅ Major Investors – Led by Malaysia’s Khazanah Nasional, with backing from Westbridge, Sozo Ventures, and others.
Why It Matters
🚀 Fueling AI Advancements – AI models rely on high-quality training code to improve reasoning.
💡 Scaling Rapidly – New funding will expand AI services, R&D, and customer reach.
🔍 From HR Tech to AI Powerhouse – Turing’s pivot showcases how AI reshapes industries.
With AI’s rapid evolution, Turing is positioning itself as a foundational player in the future of LLM development.
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