Generative media inference startup fal raises $1.3B at a $16B valuation

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Generative media inference startup fal today announced it has raised $1.3 billion in new funding at a valuation of $16 billion, according to Bloomberg. The company will spend the money on computing power and on hiring beyond its current 185 employees. Fal provides a cloud platform for running image, video and audio generation models, and developers […]

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