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The AI funding boom shows no signs of slowing, but investors are increasingly betting on the companies supplying the infrastructure rather than just building the models. Fal emerged as the standout, raising $1.3 billion at a $16 billion valuation as demand for AI inference continues to drive massive capital commitments. But the day’s funding announcements reveal a more interesting development than another billion-dollar AI investment: investors are backing companies that can make AI cheaper to operate, keep enterprise systems running, and turn increasingly sophisticated technology into commercially useful products. Fal’s funding was the largest disclosed round in today’s report. New…
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