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AI Inference Startup Fal Raises Capital at $16 Billion Valuation
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.Bessemer Venture Partners, an existing investor, led a $1.3 billion financing round in the startup in October, Fal is set to announce Tuesday. Other investors include Nvidia Corp., Sound Ventures, HOF Capital and T. Rowe Price Group…