Arda, an AI manufacturing software company founded by former OpenAI research head Bob McGrew, has completed a $230 million funding round at a $1.5 billion valuation.

PANews October 21 news, according to CNBC, Arda, an AI manufacturing software company founded by former OpenAI head of research Bob McGrew, has completed $230 million in financing at a valuation of $1.5 billion. The round was led by Altimeter Capital, Accel, and Khosla Ventures. Arda develops AI agents for manufacturing engineers to accelerate production line setup and retrofitting, and its product has already been deployed at defense technology company Anduril. McGrew said that after product design changes, adjusting automated production lines typically takes 3 to 6 months. Arda uses a combination of proprietary models, open-source models, and frontier models, and its next step is to enter the robotics sector.

PANews October 21 news, according to CNBC, Arda, an AI manufacturing software company founded by former OpenAI research lead Bob McGrew, has completed a $230 million funding round at a $1.5 billion valuation. The round was led by Altimeter Capital, Accel, and Khosla Ventures. Arda develops AI agents for manufacturing engineers to accelerate production line setup and retrofitting, and its product has been deployed at defense technology company Anduril. McGrew said that after product design changes, adjusting automated production lines typically takes 3 to 6 months. Arda combines proprietary models, open-source models, and frontier models, and plans to enter the robotics sector next. Other co-founders include Adept co-founder Augustus Odena, as well as former Palantir engineers Alex Mark and Jakob Frick. McGrew left OpenAI in 2024.