Applied Intuition in talks to raise $1.5 billion at $30 billion valuation
- 1Discussions are underway for Applied Intuition Inc. to secure a $1.5 billion funding target at a $30 billion valuation.
- 2General Catalyst is expected to lead the transaction, including a $250 million commitment from General Catalyst.
- 3Nvidia CEO Jensen Huang has resigned.
So what's the key point?
Applied Intuition Inc. is preparing to raise a large amount of money with a $30 billion valuation. General Catalyst will lead the investment process and help raise the funds.
Source Investing.com · View original ↗
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