TypeSafe AI, a startup developing a new AI model called Jev, is reportedly in talks with investors to raise a funding round of $1 billion or more, at a valuation exceeding $10 billion. This comes just a week after the company raised $40 million at a $200 million valuation. The buzz around Jev has been notable, with Nvidia's senior director of high performance computing, Dion Harris, describing it as 'incredibly fast' while noting its limitations. The discussions are early and terms could change.
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