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Shield AI CEO Says Planning At Least $1 Billion Raise, More M&A

Source: Bloomberg

Infrastructure & DefenseArtificial IntelligencePrivate Markets & VentureTechnology & Innovation

Defense startup Shield AI plans to raise more than $1 billion to fund production of its latest autonomous fighter jet, CEO Gary Steele said. The article gives no timing, valuation, or terms for the planned fundraising.

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