Flapping Airplanes Raises $1 Billion at $6 Billion Valuation in Funding Round

AI research startup Flapping Airplanes announced it has raised $1 billion in a Series A round at a valuation of about $6 billion. Coverage says the deal reflects the continued flow of large sums of capital into AI startups.

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• The round was co-led by Index and Lux, and is a Series A.

  «announced a $1 billion Series A round co-led by Index and Lux, reportedly at a $6 billion valuation.»

  ua.news
• The company's valuation, reported by media outlets, is about $6 billion.

  «وتشير التقارير إلى تقييم بنحو 6 مليارات دولار.»

  ua.news
• Quartz described the company as an AI research startup and considered the deal a sign of large capital flows.

  «ويعكس الحدث استمرار تدفق رؤوس الأموال الكبيرة إلى شركات الذكاء الاصطناعي الناشئة.»

  Quartz

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