APPLIED INTUITION HITS $6B VALUATION AFTER RAISING $250M

Summary from the TLDR Founders newsletter

Applied Intuition, a leader in autonomous vehicle software, raised $250 million in Series E funding. This values the company at $6 billion, a 67% increase from its previous valuation. Its generative AI tech is used in developing software for automotive, trucking, and other industries, leading to profitable triple-digit growth and partnerships with major manufacturers.