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Shield AI Raises $2B at $12.7B in Defense AI Bet

Shield AI Raises $2B at $12.7B in Defense AI Bet

Shield AI closed a $2B raise at a $12.7B valuation, more than doubling from $5.3B a year ago, to fund its Hivemind autonomous pilot software and acquire Pentagon simulation vendor Aechelon Technology.

Arm Launches AGI CPU, Its First Chip in 35 Years

Arm Launches AGI CPU, Its First Chip in 35 Years

At its Arm Everywhere event in San Francisco, Arm unveiled the AGI CPU - a 136-core data center processor co-developed with Meta and the company's first owned silicon product in its 35-year history.