Sources: Black Forest Labs, whose Flux.1 model powers Grok's image generator, is raising $100M at a $1B valuation; it came out of stealth with $31M in August (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch:
Sources: Black Forest Labs, whose Flux.1 model powers Grok's image generator, is raising $100M at a $1B valuation; it came out of stealth with $31M in August  —  While OpenAI pursues yet another monster fundraise, it is not stealing all the oxygen in the room: AI startups building promising …

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