Year-old AI lab Flapping Airplanes raises $1B at a $6B valuation

Flapping Airplanes, a 1-year-old AI lab, has secured a $1 billion Series A funding round at a valuation of $6 billion, just 9 months after its $180 million seed round. The lab aims to develop AI models that don't require massive amounts of internet data, a goal that could potentially address the issue of data privacy and bias in AI systems. The funding will be used to further the lab's mission and grow its team.