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Exclusive: Sources: Multimodal AI startup Fal.ai already raised at $4B+ valuation
Fal.ai, a startup that hosts image, video, and audio AI models for developers, has closed a new round valuing the company at over $4 billion, four people familiar with the deal said. The company raised approximately $250 million, two of the people said. Major investors in the round are Kleiner Perkins and Sequoia, according to…
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Hytale will only cost $20 because it isnt good yet, its developer says
Hytale, a more action-packed take on Minecraft, will be available for $20 when it relaunches in early access, Hypixel Studios announced on X. The developer shared that it planned to relaunch Hytale earlier this week after successfully reacquiring the rights to the game from Riot Games. Alongside its $20 “Standard” edition, Hypixel also plans to…
Bespoke AI models are the next big thing in filmmaking
Though many AI boosters have convinced themselves that the technology can spit out films and television series whole cloth, claims of Hollywood being cooked feel very premature when you see what people are making with the most popular image/video models on the market. Models like Sora, Veo, and Runway just do not seem all that…
