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Tom York on Business: San Diego Artificial Intelligence Warfare Startup Raises $500 Million ...Middle East
AI-piloted drones in a battle. Image from Shield AI video San Diego-based defense technology startup Shield AI has announced an expansion of its Series F funding round, securing a total of $500 million. The additional funds include $100 million in equity, raised at the Series F price, and $200 million in debt from Hercules Capital, complementing the initial $200 million in equity closed in November. The use of AI pilots, a core focus for Shield AI, is gaining traction as a strategic conventional deterrent alongside traditional assets such as aircraft carriers and guided missile submarines. AI pilots solve the electronic warfare (GPS- and communications-jamming) problem that’s devas
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