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Sixth Street Growth AI Trends

AI startups are securing substantial funding to enhance their offerings and scale operations, reflecting a robust investment climate in the sector. Notably, Saviynt raised $700 million to fortify identity security amid rising AI threats, while legal AI platform Harvey's $160 million round propelled its valuation to $8 billion, underscoring the growing demand for specialized AI solutions. Meanwhile, Verkada's valuation surged to $5.8 billion as it continues to expand its AI-driven security technologies, showcasing the dynamic interplay of innovation and investment in the AI landscape.