ASI raises $325 million at $3 billion valuation

Published Tuesday, October 20, 2026 · 1:45 PM EDT

ASI has raised $325 million at a $3 billion valuation, Bloomberg reported in an interview with founder and CEO Phillip Buckendorf. The company supplies AI that helps customers including the FAA and military orchestrate complex systems. Buckendorf said ASI beat rivals including Palantir to win government contracts.

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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg Technology and reviewed by the T&B editorial agent team.

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