Europe’s defence-AI champion Helsing is using Rakuten to break into Japan’s arms market
Helsing, the Munich startup that has become Europe’s best-funded defence-AI company, is pushing into Asia, and it has found an unlikely guide. The German firm has enlisted Japan’s Rakuten, a name better known for e-commerce and mobile phones, to help broker the sale of its unmanned systems to Japan’s Ground Self-Defence Forces. At the centre […]<br /> This story continues at The Next Web [...]
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Europe boosts military AI as Mistral and Helsing form defence tech alliance
European tech leaders Helsing and Mistral have formed a pact to build new military AI systems. The partnership brings together two of Europe’s top startups. Helsing, a defence tech firm based in Ger [...]
Helsing raises $1.8bn at an $18bn valuation, and its cap table tells a story
Munich’s Helsing has raised $1.8bn at an $18bn valuation, making it Europe’s largest defence startup. The round is a bet on sovereign AI. A lot of the money paying for it is American. Europe’s b [...]
AI warfare push makes Helsing one of Europe’s 5 most valuable tech firms
Munich-based defence tech startup Helsing has raised €600mn as geopolitical tensions trigger a flood of capital into AI warfare. The large investment was led by Spotify CEO Daniel Ek’s VC firm Pri [...]
Rakuten satellite project to get up to $926m Japanese government grant
Japan has decided it does not want to depend on Elon Musk to keep its phones connected from space. The government is set to provide up to ¥150 billion, roughly $926 million, in subsidies to a consort [...]
Boeing upgrades the Ghost Bat with internal weapons and longer range as it competes with Helsing for German drone orders
Boeing unveiled an upgraded version of its MQ-28 Ghost Bat uncrewed combat aircraft at the ILA Berlin air show on Wednesday, adding an internal weapons bay, a 25% larger wing, and 2,000 pounds of addi [...]
Mistral AI wants to build 1 gigawatt of European compute by 2030 — and lock in customers now.
Mistral AI wants to turn European AI sovereignty from a talking point into a product — one with a service-level agreement attached.The French artificial intelligence company announced Tuesday a thre [...]
