Writer, a startup aiming to compete with the likes of OpenAI to sell artificial intelligence products to businesses, has raised a new round of financing that nearly quadruples its valuation to $1.9 billion.

Writer has raised $200 million at a $1.9 billion valuation to expand its generative AI platform. The round was co-led by Premji Invest, Radical Ventures, and ICONIQ Growth, with participation from investors including Salesforce Ventures,