Autonomous driving software company Applied Intuition plans to double its valuation to $30 billion and may raise at least $1 billion in financing.

Beating AI News Flash: Autonomous driving software firm Applied Intuition has received multiple funding offers valuing it at no less than $30 billion, doubling its valuation from June this year, with at least $10 billion in financing expected to close in the coming months. The company’s growth is driven primarily by strong performance and business expansion. According to a July disclosure from investor Andreessen Horowitz, Applied Intuition’s annual recurring revenue (ARR) reached $400 million b

@tonmelonfest