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The RAISE Act requires AI companies with $500M+ in revenue to publish safety protocols and disclose safety incidents within 72 hours, with fines up to $3M (Isabelle Bousquette/Wall Street Journal)

Isabelle Bousquette / Wall Street Journal : The RAISE Act requires AI companies with $500M+ in revenue to publish safety protocols and di...

31 October 2023

Shield AI, which makes autonomous drones and other military tech for the US and its allies, raised $200M co-led by USIT and Riot Ventures at a $2.7B valuation (Katie Roof/Bloomberg)

Katie Roof / Bloomberg:
Shield AI, which makes autonomous drones and other military tech for the US and its allies, raised $200M co-led by USIT and Riot Ventures at a $2.7B valuation  —  - Startup's drone software can fly without remote pilot or GPS  — Thomas Tull's USIT, Riot Ventures, Cathie Wood's ARK invested

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