AI startup Flapping Airplanes has completed a $1 billion Series A financing, with a valuation of $6 billion
According to TechCrunch, the AI laboratory Flapping Airplanes, established for about a year, announced the completion of a $1 billion Series A funding round, co-led by Index Ventures and Lux Capital, with participation from Sequoia Capital, GV, and others, increasing its valuation to $45 billion, three times higher than the $15 billion valuation nine months ago.
The company is dedicated to improving the data efficiency of AI model training and developing a GPU framework that can simultaneously perform tasks such as training and inference to reduce the costs of AI development and operation.
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