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AI Startup Flapping Airplanes Raises $1 Billion
Flapping Airplanes raised $1 billion in a Series A round co-led by Index and Lux
Key points
- Flapping Airplanes raised a $1 billion Series A round co-led by Index and Lux at a reported $6 billion valuation.
- The company was founded by Aidan Smith and brothers Asher and Ben Spector to build AI models without ingesting half the internet.
- The startup previously raised a $180 million seed round from GV, Sequoia, and Index nine months ago.
Why it matters. The company is developing a megakernel framework to train large AI models with less data, which Sequoia partner David Cahn describes as the young person's AGI lab.
AI startup Flapping Airplanes announced it raised a $1 billion Series A round co-led by Index and Lux. The company, founded by Aidan Smith and brothers Asher and Ben Spector, aims to train large AI models using less data. The funding reportedly values the company at $6 billion, a significant increase from its $1.5 billion seed valuation.
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AI Startup Flapping Airplanes Raises $1 Billion
Flapping Airplanes announced a $1 billion Series A funding round co-led by Index and Lux. The startup is now valued at $6 billion, just nine months after its $180 million seed round. The company focuses on training large AI models without ingesting vast amounts of internet data. This approach aims to increase efficiency in model development.