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 and T. Rowe Price Group Inc. Fal previously raised $350 million in a Sequoia-led round in April at an $8 billion valuation.Talia Goldberg,

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