[AI Startup Temporal Completes $550 Million Financing, Valuation Reaches $12.55 Billion] According to Reuters, AI startup Temporal announced the completion of a $550 million late-stage financing round, with its valuation more than doubling in seven months to $12.55 billion. The round was led by Lightspeed Venture Partners, with Wellington Management, Goldman Sachs Alternatives' Growth Equity, and Tiger Global participating as co-lead investors. SV Angel and T. Rowe Price Associates advisory accounts also participated, while existing investors Andreessen Horowitz (a16z), Sequoia Capital, and GIC continued to invest.