Making Tech Headlines · Page 10
Flapping Airplanes Lands Another Large Round
· New York time
Year-old AI lab Flapping Airplanes has raised a $1 billion Series A at a $6 billion valuation, TechCrunch reports. The financing arrives nine months after a $180 million seed round. Its stated mission is to build AI models “without ingesting half the internet.” That is an ambition guiding the company, not proof that it has already solved the associated technical challenges. The new capital gives the lab substantial financing to pursue the idea. The company name suggests energetic movement; the fundraising figures suggest that even a more selective appetite for data can require a very large corporate wallet.
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