AI Inference Startup Fal Doubles Valuation to $16B

• Fal, an AI inference startup, raised $1.3 billion in a funding round led by Bessemer Venture Partners.
• The startup's valuation has doubled to $16 billion, up from its April valuation.
• Fal hosts image, video, and audio AI models for developers and creators.
• Other investors in the round include Nvidia Corp., T. Rowe Price Group, and Sound Ventures.
• Fal plans to use the funds to expand its computing power and staff.