fal raises $1.65B and reportedly doubles its valuation to $16B
The generative-media infrastructure company announced two rounds led by Sequoia and Bessemer; the valuation comes from Bloomberg reporting.
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Funding
Cohere targets C$7 billion round as Canada buys an AI stake
The Series E has only reached its initial close; its target would value Cohere at C$35.7 billion, while Ottawa may invest up to C$1.6 billion.
Wabi raises $55 million at a $1.25 billion valuation for personal AI
The startup from Replika founder Eugenia Kuyda is building a shared assistant that creates mini-apps and coordinates everyday life.
