Flapping Airplanes raises $1 billion Series A at reported $6 billion…

Flapping Airplanes raises $1 billion Series A at reported $6 billion valuation

The funding gives Flapping Airplanes resources to hire as it works toward its stated goal of making AI systems cheaper to train and run.

• Flapping Airplanes raised a $1 billion Series A at a reported $6 billion valuation.
• Index and Lux co-led the round, nine months after the startup raised $180 million in seed funding.
• The startup aims to train large AI models with less data and make them cheaper to run.

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October 22, 2026 19