Shield AI Seeks New Investment Deal Valuing Company at Over $2 Billion

Defense artificial intelligence company Shield AI has reportedly entered negotiations for a new investment round valuing the company at over $2 billion (approximately 26.94 trillion won). The Information reported on May 15 that Shield AI is in talks for a new funding round. This follows the company's recent completion of a $200 million G-round, which valued the firm at $1.27 billion (approximately 17.109 trillion won), just six months ago. Shield AI anticipates this year's revenue will increase by more than 80%, reaching at least $540 million (approximately 72.74 billion won).