Sierra raises $950M as the race to own enterprise AI gets serious

Bret Taylor’s AI startup Sierra is raising a $950 million funding round led by Tiger Global and GV, the company announced Monday , pushing its post-money valuation above $15 billion. The raise gives Sierra more than $1 billion to work with — capital the company says it will use to become the “global standard” for AI-powered customer experiences. Like a lot of AI companies, Sierra has, smartly, been very proactive in touting its own growth in a crowded market. …