Saturday, 10 October 202602:00 UTCWire updated 02:00 UTC

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TypeSafe AI raises $870 million at a $7.5 billion valuation

TypeSafe AI raises $870 million at a $7.5 billion valuation

TypeSafe AI, the developer of Jev, raised $870 million at a $7.5 billion valuation. The round was led by Andreessen Horowitz, with participation from Sequoia and DCVC. Jev is not a large language model, and the company claims it works significantly faster and uses far fewer tokens than LLMs.

NoteThe pitch centers on automating tasks, and the speed and token claims are the company's own.

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