Today, we're excited to share that we have raised a $140M Series D, welcoming new investors @sequoia, @kleinerperkins and @nvidia alongside the continued support of our existing partners!

"Law firms will basically transform into software companies." –@jayanthmadhesw1 (Founder, Eve Legal). He says AI will learn a firm's unique internal workflows, turning their legal expertise into a scalable "product."

Today, we're thrilled to announce our $125M Series C funding round at a $1.5B valuation, led by Meritech Capital, marking our third successful raise in just 12 months! fal’s Generative Media Cloud now powers tens of thousands of applications, supporting over two million developers and more than 300 enterprise customers. From initial prototypes to fully scaled production, we've become the essential infrastructure enabling some of the most innovative and creative work in the industry. Over the past year alone, we've experienced extraordinary growth—averaging 40% month-over-month, consistently exceeding our own ambitious projections. Each month, hundreds of thousands of new developers and thousands of fresh applications join our platform, unlocking entirely new use cases previously thought impossible. With this latest round of funding, we're significantly scaling our engineering, support, sales, and marketing teams to keep pace with the accelerating demand and enthusiasm from our community. Our vision has always been clear: build a generative media platform that effortlessly creates dynamic, real-time content across video, audio, image, and 3D. Thanks to our incredible team, dedicated partners, and visionary customers, that's precisely what fal delivers today—empowering creativity at unprecedented scale.

Airalo — the leading global eSIM provider. Download the app -> purchase an eSIM -> 4G data in over 200 regions. 2024: $331M Net Revenue $123M Gross Profit $52M EBITDA ~100% YoY Closed unannounced Series C at $1B led by @CVC_Capital. Congrats!

The last time we had 15% USD yield in Cosmos, we created the 3rd largest chain in history, surpassing Solana. But this time, it’s fully collateralized. To all ex-Terra builders - it’s time to come back. This time, we’re doing it right, and doing it on the Hub itself. $ATOM

We launched our new frontier AI leaderboard, with new benchmarks focused on real-world, agentic tasks— all powered by @SnorkelAI's technology & human expert network! - SnorkelFinance: Q&A over financial documents requiring agentic tool-calling and reasoning - SnorkelUnderwrite: Agentic insurance tasks requiring industry-specific reasoning and tool use - SnorkelSequences: Mathematical tasks requiring compositional multi-step reasoning

Meta is currently offering $2M /yr in offers for AI talent and still losing them to OpenAI and Anthropic. Heard ~3 such cases this week. The AI talent wars are absolutely ridiculous. Today, Anthropic has the highest ~80% retention 2 years in and is the #1 (large) company top AI researchers wants to go.

I enjoyed getting to share some of the early inspiration for Rain that eventually led us to powering the @TheAvaxCard

With less than five days of notice, Anthropic decided to cut off nearly all of our first-party capacity to all Claude 3.x models. Given the short notice, we may see some short-term Claude 3.x model availability issues as we have very quickly ramped up capacity on other inference providers, but we believe we have now secured sufficient near term capacity. We have been very clear to Anthropic that this is not our desire - we wanted to pay them for the full capacity. We are disappointed by this decision and short notice. Gemini 2.5 Pro (now very high quality on Windsurf, new 0.75x promo rate), GPT 4.1, and more are all unaffected. We look forward to our continued partnership with all model providers.

AI NEWS: Anthropic is finally joining the voice movement — giving Claude the ability to talk! Plus, more news from Mistral, Google, SpAItial, Tencent, and Salesforce. Here's everything you need to know:

Video, meet audio. 🎥🤝🔊 With Veo 3, our new state-of-the-art generative video model, you can add soundtracks to clips you make. Create talking characters, include sound effects, and more while developing videos in a range of cinematic styles. 🧵

AI note-taking app Granola raises $43M at $250M valuation, launches collaborative features | TechCrunch techcrunch.com/2025/05/14/ai…

One of my favorite parts of my job is these reports! So much alpha there for investing types, and so proud to work at a company that feels “just publish the data” is the best play: poe.com/blog/spring-2025-ai-…

I bet at least 10 unicorns will be built by creating a wrapper around multimodal LLM capabilities

Introducing the AI Futures Fund, a new program where startups can work with us to build the future of AI technology. From early access to @GoogleDeepMind models to Cloud credits, we’ll help get your startup to the next level. Learn more and apply ⬇️ labs.google/aifuturesfund

Introducing the AI Futures Fund, a new program where startups can work with us to build the future of AI technology. From early access to @GoogleDeepMind models to Cloud credits, we’ll help get your startup to the next level. Learn more and apply ⬇️ labs.google/aifuturesfund