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European artificial intelligence defense startup Helsing announced a €600 million ($694 million) funding round on Tuesday, ...
Deerhoof announced they are leaving Spotify after its CEO, Daniel Ek, invested nearly $700 million in defense company Helsing ...
In addition to being the CEO of Spotify, Daniel Ek is also the chairman of Helsing, a German defense technology company that develops AI software designed to enhance military weapons and equipment.
Spotify Technology SA CEO Daniel Ek has positioned his investment firm at the forefront of Europe's defense tech boom, ...
Spotify founder Daniel Ek’s investment company is leading a €600mn funding round in Helsing, valuing the German defence tech group at €12bn and making it one of Europe’s most valuable start-ups.
Helsing's prior valuation stood at approximately €5 billion following a €450 million round led by General Catalyst in 2023. The company declined to confirm its current valuation due to pending ...
Paste Magazine is your source for the best music, movies, TV, comedy, videogames, books, comics, craft beer, politics and ...
Despite a cautious VC climate and ongoing geopolitical jitters, European startups are still attracting serious cash.
Spotify's Daniel Ek just led a €600 million investment in Helsing, a four-year-old, Munich-based defense tech company that is now valued at €12 billion. The deal makes it one of Europe's most ...
According to the company’s math, the AI prep work produced the equivalent of 50 years of human pilot experience.
Helsing's profile grew exponentially after Russia launched its invasion of Ukraine; in a 2023 Wired profile, Reil said the company was "quite involved" in Ukraine's military operations.
The EU AI Champions Initiative is a group of about 70 financial, technology, and industrial companies that is not an ...
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