The maker of non-text AI model Jev valued at $7.5B just weeks after launch

Automated excerpt

TypeSafe AI, the developer of Jev, a new type of AI model that gained rapid popularity after launching just a few weeks ago, has raised $870 million at a $7. 5 billion valuation. The massive fundraise comes as little surprise given Jev went viral almost instantly after its Sept. 15 release. Jev is based on a transformer architecture, but it is not a large language model (LLM).

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