Applied Intuition Completes $600 Million Series F Financing

Applied Intuition, a simulation testing platform company, announced the completion of a $600 million Series F financing, doubling its valuation to $15 billion. The new funds will be used to expand the business to all mobile machinery fields, including cars, trucks, drones, and factory equipment. Applied Intuition provides AI-driven simulation testing platforms for 18 of the world's top 20 automakers.