Applied Intuition in talks to raise $1.5B at $30B valuation, Bloomberg reports By Investing.com
AI-generated summary Applied Intuition Inc. is in discussions to secure at least $1.5 billion in a fresh funding round that would double the autonomous-vehicle software maker’s valuation to roughly $30 billion, according to Bloomberg. Venture capital firm General Catalyst is slated to lead the transaction with a planned $250 million commitment, underscoring sustained private-market demand for defense-adjacent artificial intelligence infrastructure.
Also covered by Bloomberg