On September 15, AI startup TypeSafe AI emerged from stealth mode, announcing the completion of a $40 million seed funding round and the launch of its model Jev, which returns only structured judgment results. At that time, the company was valued at $200 million. After its launch, Jev quickly spread among developers. Subsequently, news emerged that the company was in talks to raise $1 billion in funding, with some investors valuing it at over $10 billion. Although it appears the valuation surged 50-fold in just nine days from the public announcement of the seed round to the $10 billion valuation rumors, the seed funding was actually completed more than a year ago. With an extremely low price of just around 4.2 cents per million Tokens and significantly lower computational costs compared to mainstream large models, Jev adopts a 'high-volume, low-margin' model suitable for a large number of judgment scenarios that do not require complex reasoning. Some investors even claim that it has already achieved profitability, with the $10 billion valuation essentially reflecting the pricing of the potential migration of usage from mainstream large models to Jev in such scenarios. The new round of funding is expected to be primarily used to expand inference computing power, expand global deployment to ensure low-latency services, expand the model product line, and invest in synthetic data research and development. Currently, there is still debate within the industry regarding Jev's core competitiveness. Some argue that its technology does not differ significantly from mature zero-shot classifiers and that competitors can easily follow suit. However, the company itself believes that its core assets are the task definition of 'having the model only make structured judgments,' the corresponding synthetic data pipeline, and proprietary training methods, and it contends that significant scale effects will be evident once the right tasks and data are selected. If this round of funding is successfully secured, it will demonstrate that investors are still willing to heavily invest in the research and development of new model types. Subsequently, Jev's real user retention rate and paid conversion rate will become the primary basis for testing the reasonableness of its $10 billion valuation.