AI research lab Flapping Airplanes raises 1 billion dollars at 6 billion valuation

Artificial intelligence research startup Flapping Airplanes Inc. has raised 1 billion dollars in new funding, according to reports from SiliconANGLE, TechCrunch, Bloomberg, Quartz, and Dealroom. Bloomberg reported that investors valued the year-old company at 6 billion dollars in the deal. [1][2][3][4][5][6]

The lab has not released a commercial product yet, SiliconANGLE reported. Flapping Airplanes is focusing its work on developing artificial intelligence models that can learn from significantly less data than current frontier systems require. SiliconANGLE noted that the startup spent most of its first year creating new primitives for graphics processing units. [1]

The company name acts as a metaphor for its research approach, contrasting with the brute-force strategy of expanding model sizes and training datasets. Its research agenda targets solving the data-efficiency problem to improve how models acquire knowledge from limited data, with potential uses in scientific discovery and robotics. The lab is pursuing long-horizon projects that are expected to take five to 10 years. [9]