Search Write for us Sign in
OpenAI Daily News

Independent news about OpenAI and ChatGPT. Not an OpenAI publication.

Wednesday, October 21, 2026Sources checked

Business

Former OpenAI exec has quietly built $1.5 billion startup, betting AI can revive U.S. manufacturing

CNBC

Former OpenAI exec has quietly built $1.5 billion startup, betting AI can revive U.S. manufacturing

Picture: CNBC

OpenAI's former research chief has been quietly building a startup that aims to bring manufacturing back to the U.S. using AI. Bob McGrew's newest company, Arda, has raised $230 million at a $1.5 billion valuation, the company told CNBC in an exclusive interview Tuesday. The round was led by Altimeter Capital, Accel and Khosla Ventures. Arda makes AI software to help automate manufacturing. McGrew, who was also Palantir's product and engineering lead for over a decade, said Arda's AI models have already been deployed with military tech company Anduril. "It's a user interface and an agent that does for manufacturing engineers what Claude or Cursor does for programmers," McGrew told CNBC.

This report was first published by CNBC. What you see here is a brief excerpt. The full text is theirs.

Continue reading at CNBC

Pass it on X Facebook WhatsApp

More reports on this

Latest in Business

Everything in Business

Policy & Courts

ChatGPT