Startup Worth $13 Billion Gets New CEO Amid Deeper Push Into AI
Grammarly, one of a handful of US startups to reach such a lofty valuation, is set to release a new AI product next month.
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Grammarly, the creator of a popular writing assistant, is replacing its chief executive officer and launching a new artificial intelligence tool — Silicon Valley’s latest foray into the fast-growing sector of technology that can generate text, photos and videos.
Rahul Roy-Chowdhury will become Grammarly’s CEO starting May 1, the company said Tuesday. Roy-Chowdhury, who had been global head of product, will replace Brad Hoover, who will stay on as a board member.