AI inference startup Fal raised $1.3B led by Bessemer at a $16B valuation, up from $8B in April; a source says it hit $800M in annualized revenue this year (Natasha Mascarenhas/Bloomberg)

AI inference startup Fal raised $1.3B led by Bessemer at a $16B valuation, up from $8B in April, with a source indicating $800M in annualized revenue this year. The company hosts image, video, and audio models for creators and developers.