SPIN Unprocessed October 13, 2026 ai_technology technology
Sources: self-driving simulation software maker Applied Intuition has received investment offers that would value it at $30B+, up from $15B in June (Stephanie Palazzolo/The Information)
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Stephanie Palazzolo / The Information: Sources: self-driving simulation software maker Applied Intuition has received investment offers that would value it at $30B+, up from $15B in June — For the last three years, AI labs like OpenAI, Anthropic and xAI have sucked up a lot of investor attention—as well as nosebleed valuations.
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