Technology

Year-old AI lab Flapping Airplanes raises $1B at a $6B valuation

Summary

Artificial intelligence startup Flapping Airplanes has secured a one billion dollar Series A funding round. This investment values the nine-month-old lab at six billion dollars. The company is developing new AI models that do not require massive amounts of internet data.

Just 9 months after raising an $180 million seed round, Flapping Airplanes has landed $1 billion Series A for its mission to build AI models "without ingesting half the internet."

Source: Read the full story at TechCrunch

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