Phoebe Gates raises $35M for AI shopping startup Phia at $185M valuation

Bill Gates' 23-year-old daughter raised $35M for Phia, an AI-powered shopping company now valued at $185M. She's determined the venture stand on its own: "no ties to my privilege or my last name." Phia uses AI to help consumers discover and purchase products. Gates said she has a "chip on my shoulder" about proving herself in Silicon Valley on merit rather than inheritance.

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