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AI inference startup Fal doubles its value to $16B in a $1.3B round

Fal, which hosts image, video and audio AI models for developers, raised $1.3B led by Bessemer at a $16B valuation, double its April value. Nvidia and T. Rowe Price also invested. Fal plans to spend the money on more computing power and staff. Fal, a startup…

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