Flapping Airplanes raises $1B at $6B valuation to build data-efficient AI models

AI lab Flapping Airplanes has raised a $1 billion Series A round, valuing the year-old company at $6 billion. The funding comes just nine months after the company closed a $180 million seed round. The startup says its goal is to develop AI models that do not need to ingest roughly half the internet to learn. The article describes the raise as a sign of strong investor appetite for alternative approaches to training AI systems.