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Typesafe raises $870 million at $7.5 billion valuation

Typesafe, the developer of AI model Jev, has raised $870 million at a valuation of $7.5 billion, SiliconANGLE reported on Thursday. The round was led by Andreessen Horowitz, with participation from Sequoia Capital, DCVC and unnamed angel investors. Typesafe said it secured the funding less than a month after releasing Jev and that about one-third of Fortune 500 companies have adopted it. Jev returns application-ready outputs such as yes-or-no answers, item selections and scores.