AI startup Helsing secures $223 million funding for defense solutions

European AI company Helsing raises $223 million in Series B funding

Helsing, an artificial intelligence defense startup, announced on Thursday that it has secured $223 million (approximately 209 million euros) in Series B funding. The funding round was led by General Catalyst, a venture capital firm, with strategic investment from Swedish aerospace and automotive manufacturer Saab.

Helsing's commitment to advancing AI technology for democracies

Helsing emphasizes its dedication to advancing AI technology for the protection of democratic nations. Co-founder Gundbert Scherf stated, "We founded Helsing because we believe that AI will be essential so that democracies can continue to defend their values. Our recent traction shows that this belief is shared by governments and industry."

Helsing specializes in AI-powered military solutions

Established in 2021, Helsing specializes in the development of AI-powered military solutions and components. The company caters to projects such as the upcoming NATO Eurofighter aircraft upgrade and the Future Combat Air System (FCAS) initiative.

The competitive race in AI-driven military technologies

With the rapid expansion of artificial intelligence, a growing number of companies aim to provide governments and armed forces with more efficient and cost-effective AI-driven military technologies. Among these companies are Kratos Defense and Shield AI, based in San Diego.

The rise of artificial intelligence in various industries

Artificial intelligence has been experiencing unprecedented growth in recent years and has found applications in a wide range of industries. The introduction of generative AI has significantly improved the capabilities of natural language processing (NLP) systems. These models can generate human-like text, perform language translation, answer questions, and even write creative content.

Strike by Hollywood actors due to AI involvement

During a press conference, Hollywood actors confirmed that they were going on strike due to the involvement of AI in representing background performers. Generative AI, a type of artificial intelligence that can create new content, is trained on vast amounts of existing data to generate text, images, or music.