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☆ Welcome to the new Fightertown USA: Inside San Diego's AI-powered unmanned aircraft boom
  + stars: | 2024-07-10 | by ( Vishal Persaud | ) www.businessinsider.com   time to read: +12 min
But the program has since moved to another station, and its legacy in San Diego is a faint, fond memory. AdvertisementWith such a rich history of aerial dynamism, it's no surprise that San Diego has become a major hub of this technology. Defense, AI, and a warming reception from VCsLong before AI became a household buzzword, Shield AI launched in San Diego. AdvertisementBut San Diego seemed to be a better fit with its access to open land and proximity to the ocean. That pipeline continues to feed into the San Diego tech ecosystem, feeding and driving the aerial innovation it has become known for over a century.
Persons: —, Tom Cruise, Larsen Jensen, Palmer Luckey's Anduril, Brandon Tseng, VCs Long, Tseng, Ryan, presciently, Hivemind, It's, shouldn't, Jensen, Ian Muceus, Muceus, we've, Firestorm's, Firestorm, Glenn Curtiss, Grant Jordan, Andreessen Horowitz, — Jordan, Jordan, SkySafe, Tim Draper, Aleksey Matyushev, Matyushev, Oakland — Natilus, Natilus, General Atomics, Northrop Grumman, Lockheed Martin Organizations: Service, Kawasaki Ninja, hotshot Navy, US Naval Air Station, Business, Navy, Harpoon Ventures, Defense, aha, Navy SEAL, US Department of Defense, Coast Guard, Air Force, Marine Corps, BAT, SpaceX, Marque Ventures, Silent Ventures, US Navy, Soma, Oakland, San Diego International Airport, Brown Field Municipal, Northrop, Lockheed Locations: San Diego, Miramar, Diego's, Diego, Afghanistan, Persian, Israel, Caribbean, Bay, San Diego Bay, West, San Jose, San Francisco, Central Valley, Vallejo, Kona
☆ Deepset, an AI startup that helps companies build apps with LLMs, just raised $30 million with this 12-slide pitch deck
  + stars: | 2023-08-09 | by ( Callum Burroughs | ) www.businessinsider.com   time to read: +2 min
Deepset, a German AI startup that offers LLM developer tools, has raised $30 million. The company wants to expand its Haystack product and grow its presence in the US. German AI startup Deepset has raised $30 million in a round led by Revolut investor Balderton Capital. Deepset's capital raise comes as AI startups account for a higher proportion of venture capital dealmaking. AI startups raised $25 billion in the opening half of the year against a backdrop of falling VC investment, Crunchbase data shows.
Persons: Milos Rusic, Rusic Organizations: Balderton Capital, Airbus, Siemens, Balderton, GV, Harpoon Ventures Locations: London, Berlin
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