AI lab Flapping Airplanes raises $1B at a $6B valuation
San Francisco-based AI research lab Flapping Airplanes has raised $1 billion in a round led by Index Ventures and Lux Capital, reaching a $6 billion valuation. According to Bloomberg, that is four times the company's January valuation. The lab, which has no product yet, is working on training AI with less data and compute.
