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The Latest Breaking News from Helsing

Spotify's $694M Bet On AI War Tech: What Daniel Ek's Helsing Move Signals For Investors Watching The Defense Boom

European artificial intelligence defense startup Helsing announced a €600 million ($694 million) funding round on Tuesday, led by Prima Materia, the investment firm founded by Spotify (NYSE:SPOT) CEO Daniel Ek and Shakil Khan, an earlier investor in Spotify.

Benzinga

Spotify's Daniel Ek Leads $690 Million Bet On Defense AI Startup Helsing, Valued At $13.8 Billion As Europe Ramps Up Military Spending

Spotify Technology SA (NYSE:SPOT) CEO Daniel Ek has positioned his investment firm at the forefront of Europe’s defense tech boom, leading a €600 million ($690 million) Series D funding round in AI-powered military startup Helsing.

Benzinga

China haunts Bilderberg talks as usual suspects plot world domination

The corporate, political and tech bigwigs meeting in Sweden are worried about an ‘authoritarian axis’ – maybe AI drones will fix things?

The Guardian - US

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Meet the startups hoping to help Europe counter Russia, without America's help

When a $400 drone can destroy a multi-million-dollar tank, defense departments need to radically rethink their procurement.

Fortune

German Firm To Build 6,000 More AI Attack Drones For Ukraine

Helsing said its HX-2 strike drone has a range of up to 100 km and can be mass produced

International Business Times

Autonomous weapons: Palantir, Airbus engineers seek to calm 'killer robot' fears

Top AI engineers at defence technology companies defended the need for autonomous weapons on Thursday, amid a push for a ban on so-called "killer robots". More than 115 countries and 250 non-governmental organisations are calling for an international treaty to ban weapons that use artificial intelligence to identify and engage…

France 24

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