Flapping Airplanes raises $1B Series A at a reported $6B valuation

TechCrunch reports Flapping Airplanes announced a $1 billion Series A co-led by Index and Lux, nine months after its $180 million seed round. TechCrunch cites Bloomberg for the reported $6 billion valuation. The startup aims to train large AI models with less data, and its founders say their GPU framework can run training and inference at the same time.