In 2020, Spotify Founder Daniel Eck made a private dedication to 1 billion euros over the following decade to put money into European know-how firms.
Ek known as these firms – working in fields starting from machine studying to biotechnology, supplies science and power – so-called “Moon pictures‘ which might give attention to what he stated on the time could be ‘the deep know-how wanted to make a significant constructive dent’.
The founding father of Spotify and his funding car Uncooked materials later joined funding rounds for battery producers like Northvolt, H2 inexperienced metallocal weather journey Pale blue dotand synthetic intelligence funding firm Aerial Avenue Capital.
Then, in November of final 12 months, it was revealed that Ek, through Prima Materia, had invested 100 million euros at a European protection AI firm known as Helsing AI.
He additionally has joins the corporate’s board of administrators, alongside Helsing co-founders Torsten Reil, Gundbert Scherf and Niklas Köhler.
In a press launch, Helsing stated it “was based to offer liberal democratic societies with superior AI know-how for protection and nationwide safety”.
Ek’s involvement with Helsing AI has attracted vital of artists on the finish of final 12 months with requires boycott the Spotify platform through the transfer.
Helsing stated the funding, which was a part of a €102.5 million Collection A spherical, could be used to develop its crew of deep studying researchers, software program engineers and area consultants. to additional speed up the event of its AI software program platform.
“AI is a strong know-how that can play a key position in shaping the progress we make as a society.”
Daniel Ek, in a November 2021 press launch
When the funding was introduced, Ek stated, “We based Prima Materia to advance formidable science and know-how to unravel the world’s best challenges and assist society transfer in the direction of a greater future.”
He added, “AI is a strong know-how that can play a key position in shaping the progress we make as a society. Europe has an amazing alternative to play a number one position in constructing dynamic AI methods in an moral, clear and accountable manner.
As Famous by a Swedish newspaper Dagens NyheterHelsing AI has already collaborated with firms like Airbuspretty much as good as Saab and French robotic producer mdba.
Now, the Daniel Ek-backed protection AI firm has entered right into a strategic partnership with Rheinmetalla publicly traded German vehicle and arms producer.
In response to press supplies asserting the Partnership“By the joint growth of software-based protection methods and the modernization of current platforms, this partnership will present the armed forces with superior and future-proof capabilities, enabling them to fulfill present and future challenges.”
What this implies in follow, the assertion continued, is that the partnership “combines state-of-the-art, combat-tested parts, platforms, methods and software program with trendy military-grade AI capabilities to discourage and, if needed, efficiently tackle an adversary”.
He provides, “By investing up entrance in know-how growth and quickly delivering new merchandise, this partnership will present the armed forces with fast entry to the newest technological improvements.
“Helsing is a brand new sort of protection firm, targeted purely on software program and AI, funding our personal product growth, so we’re excited to accomplice with Rheinmetall and mix our superior AI capabilities with their platforms. -advanced landforms.
Dr. Gundbert Scherf, Helsing
Dr. Gundbert Scherf, co-founder and co-CEO of Helsing, stated: “Helsing is a brand new kind of protection firm, targeted purely on software program and AI, funding our personal product growth.
“We’re subsequently delighted to accomplice with Rheinmetall and mix our superior AI capabilities with their state-of-the-art floor platforms. Current geopolitical occasions have proven that democracies should have the ability to shield and deter.
“However democracies should additionally innovate and transfer past autocratic regimes. We imagine this partnership has the potential to do exactly that, equipping land forces for the long run at a fast tempo.
Christoph Müller, CEO of Rheinmetall Digital Options, stated: “Rheinmetall has been offering superior networked merchandise, methods, software program and applied sciences within the subject of protection and safety for a lot of a long time, for which we’re very grateful.
“Our partnership with Helsing will additional enhance our capabilities within the subject of synthetic intelligence, permitting us to equip our merchandise with the newest applied sciences quicker than ever. This enables us to modernize legacy platforms and methods, offering our clients with new cutting-edge capabilities.
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