Shield AI in Talks for New Funding Round at $20 Billion Valuation

AI drone company Shield AI is reportedly in discussions to raise a new funding round at a valuation of at least $20 billion. This follows the company's $2 billion Series G round six months ago, which valued the firm at $12.7 billion. Shield AI projects its annual revenue will grow by over 80% this year, reaching at least $540 million.