
AI
San Francisco-based Fal has raised $1.3 billion led by Bessemer at a $16 billion valuation, double its worth in April, as demand for AI inference services surges.
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AI
San Francisco-based Fal has raised $1.3 billion led by Bessemer at a $16 billion valuation, double its worth in April, as demand for AI inference services surges.

Tech
Stand's digital twins of individual homes predicted wildfire outcomes about 85% of the time in a backtest, well ahead of conventional models. The San Francisco insurer just raised $70M at a $1B valuation.

AI
OpenAI used its own AI models to identify a hidden recorder found in an executive conference room, leading to the arrest of engineer Abdulrahman Alfozan. He remains in custody and faces up to five years in prison.