Shield AI has secured $210 million in equity financing as part of Series D funding round led by Austin, Texas-based technology investor Disruptive and will use the funds to invest in artificial intelligence capabilities for military aircraft and advance growth initiatives across defense and commercial sectors. “The funding round enables Shield AI to move one […] More
Redwood City, California-based drone manufacturer Skydio has generated $170 million from its round of Series D funding with venture capital firm Andreessen Horowitz as the lead investor. Skydio said Tuesday it will use the new capital to develop products and launch initiatives to address a growing demand for its unmanned aerial systems.
IBM has invested in Modernizing Medicine to help that company further develop and launch a Watson-powered, cloud-based mobile clinical decision support application into the marketplace. Modernizing Medicine aims for its schEMA app to analyze large volumes of medical literature to offer clinicians point-of-care data, IBM said Thursday. “IBM’s investment will help speed the introduction of […] More