Flapping Airplanes

AI research startup Flapping Airplanes raised $1 billion at a $6 billion valuation, led by Index Ventures and Lux Capital, per TechCrunch, Quartz, and AI Weekly. Sequoia Capital, GV, Kleiner Perkins, Valor, Atreides, A*, and Nvidia also participated. The valuation is about four times the $1.5 billion implied by its January $180 million seed round. The round is reported as raised, so status is completed.