Models · Updated 10 Oct, 03:11 am IST
TypeSafe AI raises $870M at $7.5B for non-text model Jev
Why it matters for readers: If you're curious about AI, this shows a different direction from text LLMs: models that produce calibrated probabilities for automation tasks.
- TypeSafe AI raised $870 million at a $7.5 billion valuation in the new round.12
- The funding round was led by Andreessen Horowitz with participation from Sequoia and DCVC.12
- Jev, released Sept. 15, is a transformer-based model that outputs probabilities or "calibrated decisions" instead of text.2
- TypeSafe says about one-third of the Fortune 500 are already using Jev and that it can be faster and use fewer tokens than LLMs.2
- Company co-founder Diogo Almeida previously worked at OpenAI, and Martin Casado joined the board after the raise.12
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9 Oct, 10:32 pm · Hacker News (100+ points)
Typesafe AI raises $870M at $7.5B
10 Oct, 03:11 am · TechCrunch AI
The maker of non-text AI model Jev valued at $7.5B just weeks after launch