AI startup ASI reaches $3 billion valuation after raising $325 million
· Source: news.az
In short
Boston-based AI startup ASI has raised $325 million in a Series C round led by Spark Capital, valuing the company at $3 billion. ASI develops AI-powered simulation and monitoring software that predicts disruptions across critical infrastructure such as air traffic management, electricity grids, logistics networks and military operations. The new capital will fund deployments in energy, logistics and defense, following major US government contracts with the Army and the FAA.
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Tags: logistics, funding, simulation, infrastructure, startup, automation