Shield AI has raised $2 billion at a valuation of $12.7 billion, more than doubling its value from a year ago, underscoring investor demand for defense technology and artificial intelligence.

March 26 (Reuters) - Shield AI is raising $2 billion in a new funding round at a $12.7 billion valuation, as the defense ...

Shield AI, the San Diego-based defense technology company known for its AI-powered autonomous flight software, is raising $2 billion in a Series G funding round that values the firm at $12.7 billion.

Shield AI has raised $240 million in a round of F-1 strategic financing, bringing the deep-tech company’s valuation to approximately $5.3 billion. The company said Thursday it will use the capital to ...