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Flapping Airplanes Completes $1 Billion Financing

1 reports1 story updatesUpdated Oct 22 06:18

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Flapping Airplanes Inc. announced the completion of $1 billion in new financing. According to a SiliconANGLE report on October 22, 2026, Bloomberg said its valuation reached $6 billion; the company was founded about a year ago and has no commercial product yet. The report said that in its first year it mainly invested in research and development of new GPU primitives, and its megakernel framework can simultaneously complete full training, inference, and game running within a single kernel, allowing memory-bound inference and compute-bound training to overlap on the same chip. The Series A round was co-led by Index Ventures and Lux Capital, with Sequoia Capital and GV, investors in the $180 million seed round in January, continuing to participate, and Nvidia and others also on the list of institutional investors. There are currently no subsequent development facts.

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One-Year-Old AI Research Lab Flapping Airplanes Raises $1 Billion, Reportedly Valued at $6 Billion

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  1. Flapping Airplanes completes $1 billion financing

    Source:SiliconANGLE

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Oct 22

  1. SiliconANGLE

    One-Year-Old AI Research Lab Flapping Airplanes Raises $1 Billion, Reportedly Valued at $6 Billion

    AI research lab Flapping Airplanes announced it has closed a new $1 billion funding round, with Bloomberg reporting a valuation of $6 billion; the company is about a year old and has no commercial product yet. In its first year the company focused mainly on developing new GPU primitives, saying its megakernel framework can complete full training, inference and game running within a single kernel, allowing memory-bound inference and compute-bound training to overlap on the same chip. The Series A round was co-led by Index Ventures and Lux Capital, with Sequoia Capital and GV, which participated in the $180 million seed round in January, continuing to invest, and Nvidia also among the institutional investors.

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