AI entity operation platform Motive has completed a $1.3 billion financing and abandoned its plan to list on the New York Stock Exchange

AI entity operation platform Motive announced the completion of a $1.3 billion financing round, with General Catalyst participating through its Customer Value Fund; specific valuation data has not yet been disclosed.

In addition, the company also disclosed that it has withdrawn its previously submitted S-1 registration statement, officially abandoning its plan to list on the New York Stock Exchange.