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Applied Intuition Secures Investment Bids, Valuation Soars to $30 Billion
1 day ago /
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Author：小编
According to individuals with insider knowledge, Applied Intuition, a company specializing in autonomous driving software, has garnered multiple investment bids, propelling its valuation to a minimum of $30 billion—a remarkable doubling from its June valuation. These bids are anticipated to fuel the completion of a substantial new funding round, likely exceeding $1 billion, in the upcoming months. By the end of 2024, this autonomous driving software specialist had achieved an impressive annual recurring revenue of $400 million. Having previously secured $1.2 billion in funding, the company boasts major clients such as Isuzu, Volkswagen, and other industry leaders.
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