Flapping Airplanes Raises $1 Billion at a Reported $6 Billion Valuation
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One-year-old AI startup Flapping Airplanes raised a $1 billion Series A led by Index and Lux, reportedly valuing it at $6 billion. The funding comes nine months after a $180 million seed round valued the company at $1.5 billion and supports its pursuit of models trained with less data.
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