Listen Labs Abandons $1.5B Funding Round Amid Salesforce Acquisition Talks

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AI research startup Listen Labs has walked away from a signed Series C term sheet with Menlo Ventures, according to sources familiar with the matter. The company was reportedly in the process of raising a $1.5 billion funding round before pulling back. The decision to abandon the deal appears to be linked to ongoing acquisition discussions with Salesforce. The move signals a potential strategic shift for Listen Labs, choosing a buyout path over independent growth through venture funding.

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