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DeepNewz, mobile.
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Applied Intuition, a company specializing in simulation software for self-driving vehicles, is reportedly in discussions to raise capital at a valuation of $15 billion. This valuation marks a doubling of the company's worth in just one year. The firm achieved an annual recurring revenue (ARR) of $400 million in 2024, highlighting its strong position in the autonomous vehicle sector. The funding discussions suggest a growing interest in technologies that support the development of self-driving cars.
Applied Intuition is in talks to raise funding at a $15B valuation, doubling its value in a year! 🚀 With $400M ARR, the self-driving software firm is on a roll. More here: https://t.co/6l52KRhdLl #SelfDriving
Shield AI just raised $240 million to advance AI-powered autonomy! Learn more about their innovative military tech: https://t.co/rJketMGa1S #military #AI #Defense https://t.co/8S86K37hmX
Exclusive: Applied Intuition in Talks for Funding at $15 Billion Valuation Applied Intuition, a maker of simulation software for training self-driving vehicles, is in talks to raise capital at a $15 billion valuation. Read more from @nmasc_, @srimuppidi and @WhoIsAlexPerry👇
