Ingrid Lunden / TechCrunch:

Sources: Black Forest Labs, whose Flux.1 model powers Grok's image generator, is raising $100M at a $1B valuation; Black Forest raised a $31M seed  —  While OpenAI pursues yet another monster fundraise, it is not stealing all the oxygen in the room: AI startups building promising foundational models …

Ingrid Lunden / TechCrunch:

Sources: Black Forest Labs, whose Flux.1 model powers Grok's image generator, is raising $100M at a $1B valuation; Black Forest raised a $31M seed  —  While OpenAI pursues yet another monster fundraise, it is not stealing all the oxygen in the room: AI startups building promising foundational models …

Source: TechMeme
Source Link: http://www.techmeme.com/240920/p17#a240920p17