AI inference startup Fal raised $1.3B led by Bessemer at a $16B valuation, up from $8B in April; a source says it hit $800M in annualized revenue this year (Natasha Mascarenhas/Bloomberg)

Natasha Mascarenhas / Bloomberg:
AI inference startup Fal raised $1.3B led by Bessemer at a $16B valuation, up from $8B in April; a source says it hit $800M in annualized revenue this year  —  Fal, an AI inference startup that hosts image, video and audio models for creators and developers, has doubled its valuation to $16 billion in a new round of funding.