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Friday, 7 March 2025

San Diego-based defense startup Shield AI raised $240M from L3Harris, a16z, and others at a $5.3B valuation to develop its Hivemind autonomous vehicle platform (Lizette Chapman/Bloomberg)

Lizette Chapman / Bloomberg:
San Diego-based defense startup Shield AI raised $240M from L3Harris, a16z, and others at a $5.3B valuation to develop its Hivemind autonomous vehicle platform  —  The company is raising $240 million and pushing into software.  —  Defense startup Shield AI has finalized a deal to raise $240 million …



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Demis Hassabis says Chinese AI companies are about six months behind leading western labs and the response to DeepSeek's R1 was a "massive overreaction" (Bloomberg)

Bloomberg : Demis Hassabis says Chinese AI companies are about six months behind leading western labs and the response to DeepSeek's ...