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A profile of Saudi billionaire investor Prince Alwaleed, who, along with his investment firm Kingdom Holding, is the second-biggest shareholder in XAI Holdings (Devon Pendleton/Bloomberg)

Devon Pendleton / Bloomberg : A profile of Saudi billionaire investor Prince Alwaleed, who, along with his investment firm Kingdom Holdin...

26 April 2025

Reducto, which helps companies convert complex documents into inputs for LLMs, raised a $24.5M Series A led by Benchmark, following a $8.4M seed in October 2024 (Allie Garfinkle/Fortune)

Allie Garfinkle / Fortune:
Reducto, which helps companies convert complex documents into inputs for LLMs, raised a $24.5M Series A led by Benchmark, following a $8.4M seed in October 2024  —  Reducto cofounders Adit Abraham and Raunak Chowdhuri.  —  Reducto  —  I've long been fond of Arthur C. Clarke's famous third law …

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