Shield AI Reportedly Seeks New Funding at $20 Billion Valuation

AI drone company Shield AI is in talks to raise a new round at a valuation of at least $20 billion, according to The Information. According to ChainCatcher, this comes six months after the company closed its $2 billion Series G round at a $12.7 billion valuation. The company expects revenue to grow more than 80% this year to at least $540 million.