Fal.ai, founded by former CEX engineers, has completed a $250 million financing round with participation from Sequoia Capital and others.

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[Former CEX engineer-founded Fal.ai completes $250 million financing, with participation from Sequoia Capital and others] The digital content hosting platform Fal.ai, founded by former CEX engineer Burkay Gur and others, announced the completion of $250 million in financing, with investments from Coatue Management, Sequoia Capital, and others. To date, its total financing has reached $450 million, with early investors including Andreessen Horowitz, Bessemer Venture Partners, and First Round Capital. Fal.ai is a hosting platform that primarily hosts digital content such as images, videos, and audio. The new funds are intended to bridge the gap between complex model infrastructure and scalable applications in the real world.

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