Huang Renxun invested in another AI startup, with a valuation of over 40 billion a year after its establishment, to improve GPU efficiency

Compiled by Zhidongzhi | Edited by Lizi | Yunpeng Zhidongzhi News on October 23, Bloomberg reported yesterday that an AI start-up company that has been established for about a year has received US$1 billion in financing before it has launched a commercial product. The company’s valuation has reached US$6 billion, which is approximately 42.6 billion yuan. This company is called Flapping Airplanes, and what it wants to do is train AI models with less data and computing power. This Series A round of financing was co-led by Index Ventures and Lux ​​Capital, with participation from Sequoia Capital, Alphabet's GV, Kleiner Perkins Caufield & Byers, Valor, Atreides and Nvidia. In the previous seed round, the company's valuation was still US$1.5 billion, which has now quadrupled. Headquartered in San Francisco, Flapping Airplanes is an “AI new laboratory” that does research first and then talks about products. The company independently develops software for driving Nvidia GPUs, claiming it can improve chip efficiency and reduce AI training and operating costs. However, its technical capabilities are currently mainly derived from the founder's description. Independent testing, customer cases and commercialization progress have not been made public, and the follow-up remains to be seen. 1. It raised US$1 billion in one year, and its valuation rose to approximately 42.6 billion yuan. Flapping Airplanes is headquartered in San Francisco, USA, and was established at the end of 2025. The company's name comes from the ancient concept of an "ornithopter," an aircraft that flies by flapping its wings. According to co-founder Spector, this is also a metaphor for building technology that combines the advantages of natural intelligence and artificial intelligence. Flapping Airplanes are so-called AI “new laboratories” (neolabs). Such companies are more willing to spend their energy on research at the beginning, rather than rushing to launch AI products and quickly generate revenue. Although the company has not yet released a product, top investment institutions are still optimistic about the bet. According to Bloomberg, this $1 billion round of financing was co-led by Index Ventures and Lux ​​Capital.