Year-old AI lab Flapping Airplanes raises $1B at a $6B valuation
THE SO WHAT
A year-old lab pulling a $1B Series A at a $6B valuation to build models “without ingesting half the internet” shows investors are willing to fund alternative data and training regimes at hyperscale. If you’re an applied team, expect more differentiated foundation models — and more complexity in benchmarking and vendor selection.
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