Defense startup Shield AI is projecting more than $540 million in revenue this year as valuation more than doubles to $12.7 billion

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globalpolitics4h ago

TL;DR

According to fortune.com, global conflicts are awakening governments—and investors—to the importance of modernizing military forces, says Brandon Tseng, the cofounder and president of ShieldAI, a maker of AI-powered drones that announced Thursday that it had raised $1.5 billion in Series G funding at a $12.7 billion valuation.

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