topstockalerts
Nov 11, 9:47 PM
Applied Intuition is in talks to raise at least
$1.5 billion in a new funding round that would double its valuation to approximately
$30 billion, according to Bloomberg. General Catalyst is expected to lead the investment with a
$250 million commitment, reflecting strong investor demand for AI infrastructure focused on autonomous systems and defense applications.
Founded in 2017, the company develops autonomous vehicle operating systems and simulation software for defense, transportation and construction. Its commercial partnerships include Honda, Saudi AI company Humain and HII, expanding its presence in maritime defense, logistics and sovereign AI.
Applied Intuition is targeting more than
$560 million in fiscal 2026 revenue, up 19% from
$474 million in 2025, with projections exceeding
$1 billion in 2027 and reaching
$1.8 billion in 2028. Previous investors include Kleiner Perkins, BlackRock, Franklin Templeton and Qatar Investment Authority.
$BLK $HMC
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