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Applied Intuition in talks for funding at valuation of up to $30bn

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Applied Intuition is in talks for a funding round led by General Catalyst to raise at least $1.5bn at a pre-money valuation of about $30bn, people familiar with the matter say. General Catalyst plans to invest $250m, and the company expects revenue above $560m in fiscal 2026 and above $1bn in 2027.

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