The eye-popping funding round reflects the investor fervor for AI and Applied Intuition's success in attracting VC interest by targeting industries with significant potential like defense.
The Series E round was led by Lux Capital's Bilal Zuberi, investor Elad Gil, and Porsche Investments Management, with other notable investors like Andreessen Horowitz, Bond, and Formula 1 champion Nico Rosberg joining.
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