AI startup Temporal plans to raise $500 million, with a valuation of $12 billion

According to Bloomberg, AI startup Temporal Technologies Inc. is in negotiations for a new round of financing, with a pre-financing valuation of at least $12 billion and a financing scale of approximately $500 million.

The company primarily offers an open-source orchestration platform that helps developers prevent failures in complex code. The financing round has not yet been completed, and specific details may still change.