Shield Tech Raises Billions in Defense AI Venture
Shield AI has raised $240 million at a $5.3 billion valuation, expanding its capabilities to sell autonomous military drone software to a broader range of customers like robotics companies, allowing it to dominate the rapidly growing autonomy field in defense. The company's Hivemind technology already enables fighter jets and drones to fly autonomously, marking a significant milestone for the US defense tech startup industry. With this latest round of funding, Shield AI solidifies its position as one of the largest defense tech startups in the US by valuation.
- The increasing investment in autonomous systems raises questions about the accountability and regulatory oversight of military technology in civilian hands, particularly with companies like Shield AI poised to expand their reach into commercial markets.
- How will the growing reliance on AI in critical infrastructure like air traffic control and transportation systems impact national security and public safety?