Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Technology › Andreessen Horowitz Backs Jev Maker at $7.5 Billion Value
Technology

Andreessen Horowitz Backs Jev Maker at $7.5 Billion Value

Bloomberg Technology Friday 09 October 2026, 13:00 UTC By Natasha Mascarenhas and Rebecca Torrence 1 min read
Key Points

Andreessen Horowitz Backs Jev Maker at $7.5 Billion Value TypeSafe AI, the startup behind Jev, a new artificial intelligence model that went viral after it launched only a few weeks ago, has raised about $870 million at a $7.5 billion valuation in a financing led by Andreessen Horowitz. The deal came together just weeks after the Jev launch video went viral, which TypeSafe co-founder Diogo Almeida said led to a surge of interest in the company from other chief executives, developers and...

Andreessen Horowitz Backs Jev Maker at $7.5 Billion Value TypeSafe AI, the startup behind Jev, a new artificial intelligence model that went viral after it launched only a few weeks ago, has raised about $870 million at a $7.5 billion valuation in a financing led by Andreessen Horowitz. The deal came together just weeks after the Jev launch video went viral, which TypeSafe co-founder Diogo Almeida said led to a surge of interest in the company from other chief executives, developers and investors. Jev is now used by about a third of Fortune 500 companies, according to the startup, which declined to disclose any names. The model surpassed one million users in a matter of days, it said.
Andreessen Horowitz Backs (PERSON) Horowitz Backs (PERSON) Jev (PERSON) Andreessen Horowitz (PERSON) Diogo Almeida (PERSON)
Originally published by Bloomberg Technology Read original →

Related Stories

Global PC shipments crater 20% as rising prices hammer demand

The global PC market has taken a beating, with shipments plunging more than 20 percent in the third quarter as the AI-driven memory shortage pushes up prices and buyers decide their existing machines will do just fine. New figures from Omdia show worldwide shipments of desktops, notebooks, and workstations fell 21.2 percent year-on-year to 58.1 million units in Q3 2026. IDC tells a similar story, estimating a 20.1 percent decline to 62.7 million units.

The Register 13m ago

OpenAI Targets $70 Billion in Annualized Revenue by Year-End

Oct 9th, 2026 OpenAI Targets $70 Billion in Annualized Revenue by Year-End OpenAI is expecting to reach or exceed $70 billion in annualized revenue by the end of the year, driven largely by growth in its enterprise business. Ed Ludlow reports on "Bloomberg Open Interest."

Bloomberg Technology 15m ago

Jantar Mantar stir: Govt to shut internet for 24hrs within 4km radius in New Delhi

The government on Friday allowed the temporary suspension of internet services within a 4-kilometer radius around the Janpath–Kartavya Path crossing. The decision is the part of the Delhi Police's preventive measures taken in view of the protests being called by the various outfits, including the opposition Congres-led INDIA bloc and the Cockroach Janta Party (CJP). "Internet services will remain suspended within a 4-kilometer radius around the Janpath–Kartavya Path crossing.

Times of India 18m ago

Airlines Are Upgrading Wi-Fi. Not All Are Using Elon Musk’s Service.

Elon Musk’s satellite service has been the provider of choice for many major airlines looking to upgrade to faster internet.

NYT Business 29m ago