Toronto-based Ideogram, which is introducing a text-to-image AI model that generates images with legible text, raised an $80M Series A led by a16z (Rachel Metz/Bloomberg)

Rachel Metz / Bloomberg:

Toronto-based Ideogram, which is introducing a text-to-image AI model that generates images with legible text, raised an $80M Series A led by a16z  —  The startup excels at generating AI images that include legible text.  —  Ideogram, a company developing artificial intelligence image generation technology …