Flapping Airplanes raises $1B; Legora and Blacksmith reportedly reach $8.8B and $1B valuations

Bloomberg reports that Flapping Airplanes, a year-old AI research lab that has yet to introduce a commercial product, raised $1 billion at a $6 billion valuation. Index Ventures and Lux Capital led the round. Article screenshots shared in a post report $550 million in funding and an $8.8 billion valuation for Legora, and a $1 billion valuation for Blacksmith; those figures are not company-confirmed.