Shield AI announced plans to raise $2 billion and acquire Aechelon Technology to expand simulation and autonomy capabilities.

The surveillance drone and autonomy startup has raised $1.5 billion and is acquiring an autonomy simulation company.

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 Inc. today announced that it’s raising a $2 billion late-stage funding round at a post-money valuation of $12.7 ...

The company, which develops autonomous military technology, also plans to buy a maker of simulation software as interest in ...

In one year, Shield AI's value has leaped 140%. This after it won a contract to be the software provider to Anduril's Fury ...