TypeSafe AI says it raised $870 million in a Series A at a $7.5 billion valuation, led by Andreessen Horowitz with Sequoia Capital and DCVC participating. The company says Jev is now used by about a third of Fortune 500 companies.Read original on X
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TypeSafe AI raises $870 million at $7.5 billion valuation
A round this size weeks after launch, led by Andreessen Horowitz with Sequoia and DCVC, marks one of the fastest enterprise software ramps on record.
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launched a model accidentally served trillions of tokens a day 29.4% of the fortune 500 showed up raised a really big series A from @a16z it's been 3 weeks we would like to sleep nowRead original on X
We’re so excited to announce that we’re leading TypeSafe AI's Series A: "Like @TypeSafeAI, we believe the future of SaaS and software is bright. And AI should make software more powerful, and not just automate the recreation of existing software. This spiritual alignment goes back many years. We’ve long been fans of Diogo, the founder and CEO of TypeSafe, and have resonated strongly with his vision that the true bitter lesson is not necessarily about building a new being, but returning the power to builders by giving them the primitives of intelligence then letting them unleash their imagination. The entire a16z team is excited to partner with TypeSafe. Software continues to eat the world." By @JenniferHli, @sarahdingwang, @martin_casado, @pmarca, and @bhorowitzRead original on X
we told @a16z we wanted to put intelligent software everywhere they asked how much compute that would take we said Uh Yes. announcing our really big Series ARead original on X
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TypeSafe AI's Diogo Almeida on why Jev is called Jev, and what cheap intelligence finally changes about software: "It's wild that AI is so cool and software has been unchanged in 10 years... The most we can do is add a little chatbot in the side sometimes that can take actions, but not all actions." "TypeSafe is making AI for software. We want to make AI powerful, not just for humans in the loop, but to actually build real software." "It's about the laziness to spend 10 hours to do the five-minute task instantly and to never have to do it again. It should be an ROI decision for people who automate stuff. I would just like it to be automatable." "I think that people will just make new kinds of work, hence the Jev in Jevons. New kinds of work once that stuff is doable." "As we have lots of…Read original on X
if you want to join an epic fast-growing startup leading the paradigm shift beyond AGI... don't walk, run! @CompleteSkeptic is hiring: - member of technical staff, model capabilities - member of technical staff, backend/platform - founding product designer - founding marketer - founding recruiter - community manager full list here:Read original on X
BREAKING! 🚨 @CompleteSkeptic (co-inventor of chatgpt) just raised an $870M series A at a $7.5B valuation for @typesafeai led by @a16z this is just 3 weeks after he launched Jev and completely took the internet by storm: - his post got 40M views - hit 1T tokens within 3 days - generated $100M in revenue in 7 days (!) - discord grew to 100K+ people in 7 days - by week 2, over 25% of the Fortune 200 had signed up to use their API now he's taking things to the next level full story here:Read original on X
Announcing @a16z's investment in TypeSafe! In a world of Big Token, Jev is a different kind of intelligence — built to make software smarter and empower developers. So psyched to work with this team 🚀 (side note: @CompleteSkeptic has the best t-shirt collection I've seen 😂)Read original on X
TypeSafe AI's Diogo Almeida on why the boring SaaS companies are best positioned to win AI: Ben: "When the coding agents came out, it was the SaaSpocalypse, and all their values dropped through the floor. Then when Jev came out, every SaaS company is like, 'This is the greatest thing ever.'" Diogo: "In the SaaSpocalypse story, the story I feel has panned out really poorly is that software is very cheap and perhaps easy to replicate. I could believe the former. I could not believe the latter, because a lot of the stuff happens beneath the hood." "I think SaaS will be one of the largest winners of the whole AI game." "I want to work really, really well with the biggest, most boring SaaS companies because I think they're the best positioned to know what workflows to automate, what people…Read original on X
I love this phrasing: building the primitives so builders can cook !!!Read original on X
The guy who taught ChatGPT how to talk just raised $870 million to build AI that never speaks. Three weeks. That's how long his company has existed in public. Diogo Almeida spent four years at OpenAI. He co-created RLHF, the training method that turned a raw model into something that sounds like a person. Then he left, and on September 15 he came out of stealth with a $40M seed at a $200M valuation. On Thursday a16z priced his Series A at $7.5 billion. Same company, 24 days apart, at 37x the price. Here's the bet. His model Jev doesn't write anything. You feed it language and it hands back one decision from a list of options, with a probability attached. A fraud check doesn't need an essay. Software can't read prose anyway, which is why almost no AI actually runs inside production…Read original on X
How the headline evolved
TypeSafe AI raises $870 million at $7.5 billion valuation
TypeSafe AI raises $870 million at $7.5 billion valuation
TypeSafe AI raises $870 million at $7.5 billion valuation
TypeSafe AI raises $870 million at $7.5 billion valuation
TypeSafe AI raises $870 million at $7.5 billion valuation
TypeSafe AI raises $870 million at $7.5 billion valuation
TypeSafe AI raises $870 million at a $7.5 billion valuation
TypeSafe AI raises $870 million at $7.5 billion
TypeSafe AI raises $870 million at $7.5 billion valuation
TypeSafe AI raises $870 million at $7.5 billion valuation
TypeSafe AI raises $870 million at a $7.5 billion valuation
TypeSafe AI raises $870 million at a $7.5 billion valuation
TypeSafe AI raises $870 million at a $7.5 billion valuation
TypeSafe AI raises $870 million at a $7.5 billion valuation
TypeSafe AI raises $870 million at a $7.5 billion valuation
TypeSafe AI raises $870 million at $7.5 billion valuation
TypeSafe AI raises $870 million at a $7.5 billion valuation
TypeSafe AI raises $870 million at a $7.5 billion valuation
TypeSafe AI raises $870 million at a $7.5 billion valuation
TypeSafe AI raises $870 million at a $7.5 billion valuation
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