The A.I. Daily
AI inference startup Fal raises $1.3B at $16B valuation
AI inference startup Fal raised $1.3 billion, doubling its valuation to $16 billion, led by existing investor Bessemer with Nvidia, Sound Ventures, HOF Capital and T. Rowe Price participating. It previously raised $350 million led by Sequoia in April at an $8 billion valuation.