Technology & AI

Former OpenAI executive Bob McGrew raises $230M for Arda

Arda, an AI manufacturing startup led by Bob McGrew, has been valued at $1.5 billion in a funding round. Its software for manufacturing engineers is already in use with Anduril.

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What happened

Bob McGrew, former OpenAI research chief, has raised $230 million for Arda, a defense startup. The round values the company at $1.5 billion, with lead investor Altimeter Capital involved. Arda plans to use AI to streamline American manufacturing and develop reconfigurable factories.

Why it matters

Its software for manufacturing engineers has already been deployed with Anduril.

Coverage

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