ASI hits $3B valuation in $325M round led by Spark

Startup ASI raised $325 million in a funding round led by Spark, reaching a $3 billion valuation. The company will expand its AI system that helps the military, airlines and air-traffic controllers manage assets.

• The $325M round was led by Spark
• ASI's valuation reached $3 billion
• Its AI system manages assets for the military and aviation