Bob McGrew's Arda raises $230 million at $1.5 billion valuation for AI-powered manufacturing
Arda, a startup founded by former OpenAI research chief Bob McGrew, has raised $230 million at a $1.5 billion valuation to use artificial intelligence to automate and revive U.S. manufacturing. The round was led by Altimeter Capital, Accel, and Khosla Ventures.