Vals, a startup focused on advanced AI benchmarking, has raised $40 million in a Series A round led by Andreessen Horowitz after a seed round from 8VC and Bloomberg Beta. The company differentiates by using private test materials to prevent cheating and evaluating models on domain-specific tasks in law, finance, and coding, with revenue reported as eight times higher than last year. For financial institutions, this signals growing demand for trusted third-party evaluation tools that could influence vendor selection and model risk management.
167 other tracked developments touching the same claims.