Caroline Hyde

Do they think China is as far behind the U.S.

as U.S.

thinks China is behind the U.S.?

And they have to be.

Manip Singh, great analysis from Bloomberg Intelligence.

We appreciate him.

Now coming up, we're going to be speaking with the CEO of generative media platform, Phal, about the startup's latest fundraise, what GPUs they're using.

This is Bloomberg Tech.

AI startup Foll has raised a $140 million Series D. According to a Bloomberg source, it gives the company a $4.5 billion valuation just months after closing a Series C round at a $1.5 billion valuation.

Foll hosts AI models specifically for images, video, and audio generation, aiming to give developers and enterprises unified access to those tools.

Foll's CEO and co-founder, Bukai Ge, joins us now here in San Francisco.

congratulations on the round thank you ed um you have used m&a as a strategy you have very interesting infrastructure where you're running h100s principally upgrading to blackwell generation yes those are very specific to the modalities of image and audio that's right right but outside of that infrastructure you've gone out buying companies are you going to use some of the money raised for that purpose

Absolutely, yes.

Why?

What's the logic here?

Definitely.

I mean, it's definitely a very fast race right now, trying to become one of the largest companies right now in the space.

And one of the ways we get talent is buying companies.

So M&A is definitely a very good way of doing that.

Well, Kai, I want to go back a step because you claim to have the fastest inference stack for modern generative models, multimodal.