Context: Shield AI agreed to buy the Bill Gates-backed radar maker for up to $5.3B and is raising $2.5B to pay for it, including $1B in new funding at a $28.8B valuation.
From SiliconANGLE: Defense technology startup Shield AI Inc. said today it has agreed to buy the Bill Gates-backed radar startup Echodyne Inc. in a deal valued at $5.3 billion. The acquisition is intended to enhance Shield’s autonomous drone warfighting capabilities, it said.
GeekWire's podcast covers Shield AI's $5.3B deal for drone-tracking radar maker Echodyne, voters backing data center limits in 40 of 41 local ballot measures, and a Seattle startup acquired twice.
Rune's AI software helps the military plan supplies near the front line; it joins Missionforce, the defence business Salesforce launched a year ago.
The AI logistics startup would bolster Salesforce's Missionforce defense platform.
Rune makes AI military logistics software and had raised $30M from a16z and others; TechCrunch says it will join Salesforce's Missionforce defense platform.
Odessia was founded by Sonder's Francis Davidson; OpenAI has not said what it plans for travel.
Oura buys Counsel Health for $625M weeks after postponing its own IPO; Oura added Counsel's AI chatbot to its app earlier this year.
