From Yahoo Finance: 2025-06-17 09:36:00

Applied Intuition raised $600 million in funding, now valued at $15 billion, showing strong investor interest in autonomous vehicle tech. BlackRock and Kleiner Perkins co-led the round, with new investors like Franklin Templeton and Qatar Investment Authority. The funds will bolster investments in autonomous technology, according to CEO Qasar Younis.

The Trump administration’s relaxed regulations could benefit the rollout of self-driving technology. Founded in 2017, Applied Intuition offers software solutions for autonomous systems in vehicles, including work on defense applications for the U.S. government. The company, based in Mountain View, California, collaborates with OpenAI to enhance the driving experience using AI technology.



Read more at Yahoo Finance: Applied Intuition valued at $15 billion for autonomous vehicle tech