Autonomous driving and automation technology firm Applied Intuition is negotiating a new funding round targeting at least $1.5 billion, with General Catalyst leading the effort and planning to invest $250 million. The raise would value the company at approximately $30 billion on a pre-money basis, doubling its valuation from June 2025. Founded in 2017, Applied Intuition develops automation operating systems for construction, transportation, and defense sectors. The company projects revenue exceeding $560 million for fiscal 2026 and surpassing $1 billion in 2027. Its previous funding round was led by a BlackRock fund and Kleiner Perkins. Neither Applied Intuition nor General Catalyst has commented on the discussions.