BlackRock, Kleiner Perkins Lead $600M Funding Round for Applied Intuition

Applied Intuition has secured $600 million in Series F funding, led by BlackRock and Kleiner Perkins, valuing the autonomous technology firm at $15 billion. The investment underscores growing confidence in AI-driven solutions for mobility and defense sectors.

The California-based company's platform powers intelligent systems for major automakers, including Toyota and Volkswagen, while expanding into defense and industrial applications. A new collaboration with OpenAI will integrate generative AI capabilities into vehicle interfaces.

From a $40 million valuation in 2019 to its current $15 billion standing, Applied Intuition's trajectory mirrors the explosive demand for practical AI implementations. The fresh capital will fuel global expansion and development of its full-stack vehicle intelligence platform.