Year-old AI lab Flapping Airplanes raises $1B at a $6B valuation
Just 9 months after raising an $180 million seed round, Flapping Airplanes has landed $1 billion Series A for its mission to build AI models "without ingesting half the internet."
Year-old AI lab Flapping Airplanes has secured a significant $1 billion investment, driving its valuation to an impressive $6 billion. The startup, founded by Aidan Smith and brothers Asher and Ben Spector, aims to train large models with less data through a novel, comprehensive framework. This round, led by Index and Lux, brings the company's total funding to $180 million, marking a quadrupling of its valuation from the $1.5 billion it was valued at in its seed round nine months ago.
Flapping Airplanes joins a roster of investors including Sequoia, GV, Kleiner Perkins, Valor, Atreides, Kleiner Perkins, A*, and Nvidia. The founders, who hail from prestigious academic backgrounds in computer science and statistics, describe their work as creating "the world's most complete megakernel framework" capable of performing multiple tasks simultaneously on a GPU.
They claim this technology can be more data-efficient, potentially leading to cheaper and more accessible AI systems.
Written by urgent.news from TechCrunch's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- Year-old AI research lab Flapping Airplanes raises $1B at a reported $6B valuation siliconangle.com
- Flapping Airplanes, which is working on methods to train AI models on less data and compute and make the chips more efficient, raised $1B at a $6B valuation (Rachel Metz/Bloomberg) bloomberg.com
- AI research startup Flapping Airplanes raised $1 billion at a $6 billion valuation qz.com
