Index to lead $1B Series A for AI lab Flapping Airplanes
Index says it will lead Flapping Airplanes’ $1B Series A, with partner Mark Xu joining the board. TNW says the AI research startup is now worth $6B, four times its January value.
NoteFor finance people, Index frames efficiency as the way to unlock markets like robotics, trading and life sciences, where AI is still too expensive or the data is too scarce.
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