Drag

Let’s get in touch

Schedule a meeting with our Expert to discuss your needs and explore tailored software solutions.

Support center +91 9825 122 840

Logo
About

About Us

Rejoicehub LLP, a prominent offshore IT outsourcing firm, was established in 2019 and has been making remarkable strides in the IT sector.Our dedicated team of over 100 professionals is our greatest asset. Our unwavering commitment to excellence has made us a highly sought-after company globally. We prioritize understanding our clients perspectives to enhance their product development process. Our adept professionals are capable of providing top-notch solutions. We promise our clients to bring their unique ideas to the market in a more user-friendly manner. Punctuality is a cornerstone of our work philosophy, and we prioritize delivering exceptional quality.

Services

services

Career

Career

We offer careers, not jobs

Becoming a part of Rejoicehub LLP could mark a significant turning point in your life, offering numerous benefits along the way. Its a second home where teamwork is prioritized to achieve our shared objective - continuous evolution with cutting-edge technologies while ensuring the well-being of our most treasured resources, our employees. Embrace the Positive Vibes and the significance of maintaining a healthy Work-life Harmony by collaborating with us.

SOLUTIONS

SOLUTIONS

Case Study

Explore Our Trending Case studies

Visualize yourself being in the place of those clients who are talking about their problems, victories and how our IT solutions was very important for them. From showing how workflow optimization or cybersecurity reinforcement can be implemented through a case study approach to explaining that collaboration and innovation is able to overcome any difficulty.

Technology

Technology

Starterkit

Starterkit

Blogs

Our Blogs

Our blog is packed with valuable resources to keep you ahead of the curve. Explore industry trends, discover hidden tech hacks, and gain expert insights to optimize your operations and stay on top of the latest advancements.

Contact

Let’s get in touch

Great! We are excited to hear from you and lets start something special together. call us for any inquiry.

At Rejoicehub LLP, we are deeply passionate about creative problem-solving, innovative thinking, and pushing the boundaries of brands. With each client, we bring forward a commitment to forward-thinking solutions that drive success in the digital age.

Fal.ai, which hosts media-generating AI models, raises $23M from a16z and others

Date September 19, 2024

Writen by Kyle Wiggers

newsImage

Fal.ai, a dev-focused platform for AI-generated audio, video, and images, today revealed that it’s raised $23 million in funding from investors including Andreessen Horowitz (a16z), Black Forest Labs co-founder Robin Rombach, and Perplexity CEO Aravind Srinivas.

It’s a two-round deal: $14 million of Fal’s total came from a Series A tranche led by Kindred Ventures; the remaining $9 million is from a previously unannounced, a16z-led seed round.

Burkay Gur and Gorkem Yurtseven co-launched Fal (short for “Features and labels”) in 2021. Yurtseven previously worked at Amazon as a software dev, while Gur, an ex-Oracle engineer, led machine learning development at Coinbase for several years.

While hacking together side projects during the pandemic, Gur and Yurtseven, longtime friends, realized the growing demand for AI cloud infrastructure — particularly infrastructure to run generative AI models.

“The big bet was that the nascent space of generative media was about to change all media consumed,” Gur told TechCrunch. “The timing worked out perfectly, because there were some breakthrough models that were released right after Fal started.”

Fal offers two products: privately managed compute and workflows for running models, and APIs for open source models that generate images, audio, and video. Fal was one of the first platforms to host Black Forest Labs’ Flux, the model powering image generation in Grok, X’s controversial chatbot.

Many cloud rivals like CoreWeave provide resources along these same lines. But what makes Fal different is its scalability, Gur argues.

“Our platform can handle hundreds of millions of requests [and our] own inference engine is the most performant,” he said. “Using Fal, you can integrate models into your applications — the product is for enterprises that have media at the core of what they do.”

Whether those claims hold up to scrutiny or not, Fal has managed to grow an impressive customer roster. In addition to Perplexity (which explains Srinivas’ investment) and enterprise customers in the retail and e-commerce sector, popular generative AI apps Photoroom, Freepik, and PlayHT are all paying for Fal’s services, Gur says.

Fal.ai
Models in Fal.ai’s model gallery.

It’s a profitable bunch. A source tells TechCrunch that Fal’s annual run rate has climbed to nearly $10 million (~$800,000 per month), up around 10x from January. The Series A valued the startup at $80 million.

“Fal has reached 500,000 developers on the platform,” Gur said, “generating 50 million images, videos, or audio streams a day.”

Given the many deepfake and misinformation risks around generative technologies, I asked Gur if Fal has moderation policies or filters in place for sensitive content. He said that Fal prefers to take a hands-off approach, leaving the decision whether to implement safety features up to the companies developing models on Fal’s platform.

“For moderation, a lot of what is done happens during training, so we leave that to the companies building the models,” Gur said. “As you might guess, having a very robust program requires more research and resources.”

It’s a bit of an empty answer, given that Fal sponsors some open source training efforts under its research grants program. One would assume that Fal has a say in the development of models it funds.

Gur did suggest, however, that Fal is looking to undertake some de-toxifying efforts itself… at some point. “We do have plans to do more of this in-house, and rely on some vendors specialized in this type of work,” he said.

I asked about IP liability, as well. Should the models on Fal’s platform regurgitate any copyrighted data, will the company protect customers if they’re sued? Gur wouldn’t answer. But the language in Fal’s terms of service imply that customers are on their own.

That’s in contrast to generative AI products from Adobe, Canva, Google, Microsoft, and Shutterstock, all of which have indemnity clauses (albeit with some carve-outs). Vendors like Getty Images, as well as startups such as Fairly Trained, have gone so far as to train models only on “commercially safe” content to avoid the threat of copyright lawsuits altogether.

That’s all to say, those who use Fal assume some risk.

Fal intends to spend the bulk of the capital it’s raised so far on upgrading its inference optimization product to make it self-serve. The company is also establishing a research team that’ll focus on model optimizations and will join Fal’s 17-person staff.

Fal’s other backers include Vercel founder Guillermo Rauch, entrepreneur and investor Balaji Srinivasan, and Hugging Face CTO Julien Chaumond.

Work with us

We would love to hear more about your project