DCVC

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The Maker of Non-Text AI Model Jev Valued at $7.5B Just Weeks After Launch

TypeSafe AI, maker of the non-text decision model Jev, raised $870 million at a $7.5 billion valuation on 9 October, led by Andreessen Horowitz with Sequoia and DCVC. The seed price behind the 37.5x step-up was struck more than a year ago, the round closed 25% below the $10 billion reported in September, and at list price a trillion tokens a day earns about $15 million a year. We set out the arithmetic, the conflicting Fortune 500 figures and what the round means for teams buying Jev.

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ChatGPT Pioneer Launches Jev Model for Programmatic Logic

TypeSafe AI has left stealth with $40 million led by DCVC and Jev, a model that does not chat, write code or generate a single word of prose. Founded by InstructGPT co-author Diogo Almeida, it returns typed decisions with calibrated probabilities in 70 to 500 milliseconds, at $0.042 per million input tokens with output billed at nothing. The speed and cost claims survive outside testing; the accuracy question does not get a clean answer.

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