Flapping Airplanes raises $1 billion in Series A round
Startup Flapping Airplanes, founded by Aidan Smith and brothers Asher and Ben Spector, announced a Series A funding round of $1 billion. Investors valued the company at $6 billion, quadrupling its previous valuation from the seed round.
- Field
- business and funding
- What they did
- Startup Flapping Airplanes, which focuses on finding ways to train large models with less data, raised $1 billion in a Series A funding round.
- Why it matters
- This funding increased the company's valuation from $1.5 billion to $6 billion just nine months after its launch.
#flapping airplanes#ai#funding#valuation#silicon valley



