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The Atlanta Fed estimates delays faced by claimants in COBOL-based unemployment insurance systems cut US GDP by at least $40B between March 13 and year-end 2020 (Bryce Elder/Financial Times)

Bryce Elder / Financial Times : The Atlanta Fed estimates delays faced by claimants in COBOL-based unemployment insurance systems cut US ...

22 October 2025

Sources: Fal.ai, which hosts multimodal AI models for developers, raised ~$250M at a $4B+ valuation, less than three months after announcing a $125M Series C (Marina Temkin/TechCrunch)

Marina Temkin / TechCrunch:
Sources: Fal.ai, which hosts multimodal AI models for developers, raised ~$250M at a $4B+ valuation, less than three months after announcing a $125M Series C  —  Fal.ai, a startup that hosts image, video, and audio AI models for developers, has closed a new round valuing the company at over $4 billion …

Posted from: this blog via Microsoft Power Automate.

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