Shield AI reportedly in funding talks for a valuation of at least $20 billion
The Information says the talks follow recent Air Force and Pentagon contracts for Shield AI, which builds drones and AI-powered software for the military.
TLDR
Shield AI is discussing a funding round that would give it a valuation of at least $20 billion, The Information reports, citing a person with knowledge of the fundraise. The defense startup builds drones and AI-powered software for the military. The Information says the talks follow recent Air Force and Pentagon contracts.
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