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Neros, which makes low-cost, military FPV drones in the US, raised $75M led by Sequoia, bringing its total funding to $121M, and won a US Army contract (Farah Stockman/New York Times)

Farah Stockman / New York Times : Neros, which makes low-cost, military FPV drones in the US, raised $75M led by Sequoia, bringing its to...

28 September 2023

The US DoD awards Palantir a three-year $250M R&D contract for AI services, building on the work the company does since at least 2018 for the Army Research Lab (Lizette Chapman/Bloomberg)

Lizette Chapman / Bloomberg:
The US DoD awards Palantir a three-year $250M R&D contract for AI services, building on the work the company does since at least 2018 for the Army Research Lab  —  The new three-year deal demonstrates the company's closeness to the US government, as well as its growing presence at the intersection of AI and defense.

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