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Shield AI Conducts AI-Piloted Flights on Sixth Aircraft, the Kratos MQM-178 Firejet

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Friday, March 29, 2024

Aircraft, Kratos XQ-58 Valkyrie, Entrepreneurship, Environment, SAN, F-16, AI, UAS, Homeland security, Investment, Shield AI, Defense, Valkyrie, Navy, Technology company, Hive mind, Airline

SAN DIEGO, March 29, 2024 /PRNewswire/ -- Shield AI, Inc., a defense technology company building the world's best AI pilot, and Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a Technology Company in the Defense, National Security and Global Markets and an industry-leading provider of high-performance, jet-powered unmanned aerial systems (UAS), today announced the successful completion of the first phase of Shield's AI-piloted flight-testing on-board Kratos platforms as the two companies move toward productizing Shield AI's pilot for the XQ-58 Valkyrie.

Key Points:

Having successfully flown AI pilots on five aircraft — three classes of quadcopters, the MQ-35A V-BAT, and the F-16 in fully autonomous air combat training — Shield AI's Hivemind AI pilot has now successfully flown on and controlled the Kratos MQM-178 Firejet.
These successful flights are a major milestone in the comprehensive integration project as Shield AI and Kratos look to ultimately productize another configuration of the Valkyrie, in this case with Shield AI's Hivemind AI pilot.
The vision of portable autonomy software for military hardware has been realized, flown, and deployed by Shield AI," said Ryan Tseng, Shield AI's CEO and Co-Founder.
The MQM-178 Firejet marks the sixth type of aircraft that our AI pilot Hivemind has flown.

Hivemind Expands Presence to Hong Kong with New Head of Asia Appointment to Drive Growth Amidst Thriving Crypto Landscape

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Wednesday, November 1, 2023

BAML, Stanley, KENET, Ecosystem, Partner, Wall Street, Citigroup, UBS, Entrepreneurship, Cryptocurrency, Hive mind, China Renaissance

NEW YORK, Oct. 31, 2023 /PRNewswire/ -- Today, Hivemind Capital Partners announces its strategic foray into Hong Kong, a decision underscored by the appointment of banking veteran Stanley Huo as the new Head of Asia.

Key Points:

NEW YORK, Oct. 31, 2023 /PRNewswire/ -- Today, Hivemind Capital Partners announces its strategic foray into Hong Kong, a decision underscored by the appointment of banking veteran Stanley Huo as the new Head of Asia.
With Hong Kong carving a niche for itself as a strong advocate for the digital asset sector, Hivemind's expansion into the city is both timely and strategic.
Witnessing these shifts, Hivemind sets sights on pioneering expansion into the region with their recent appointment of Stanley Huo as Partner and Head of Asia.
Stanley Huo, Partner and Head of Asia of Hivemind, "I'm thrilled to be joining Hivemind at such a transformative period.

Shield AI Raises $200M, Reaching $2.7B Valuation

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Tuesday, October 31, 2023

SAN DIEGO, Oct. 31, 2023 /PRNewswire/ -- Shield AI, the defense technology company building the world's best AI pilot for aircraft, today announced it has raised $200 million in Series F funding in an oversubscribed funding round. This funding, led by U.S. Innovative Technology Fund (USIT) and co-led by Riot Ventures, with participation from Cathie Wood's ARK Invest and returning investors Disruptive and Snowpoint, values Shield AI at $2.7 billion.

Key Points:

Innovative Technology Fund (USIT) and co-led by Riot Ventures, with participation from Cathie Wood's ARK Invest and returning investors Disruptive and Snowpoint, values Shield AI at $2.7 billion.
Shield AI builds an AI pilot called Hivemind, which enables teams of intelligent aircraft to operate autonomously in high-threat environments on the edge, without the need for remote operators, command inputs, or GPS.
"Shield AI continues to be a pioneer in this sector, driving much needed innovation by developing state-of-the art AI pilots.
"As deep-tech investors, we have seen a large swath of autonomy efforts in every realm and Shield AI has a clear lead.

Shield AI Unveils V-BAT Teams: A New Type of Conventional Deterrence

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Monday, October 9, 2023

Hive mind, Navy, Aircraft, GPS, Nvidia, Environment, GCS, Shield AI, Aviation, General Dynamics F-16 Fighting Falcon, Reading, Phosphorus

WASHINGTON , Oct. 9, 2023 /PRNewswire/ -- Shield AI, the defense technology company building the world's best AI pilot for aircraft, today announced the official launch of its V-BAT Teams product.

Key Points:

It comes in the form of a modular Nvidia GPU upgrade running Hivemind, Shield AI's AI pilot, which is loaded into the modular payload bay of the V-BAT.
For almost nine years, Shield AI has focused on building the world's best AI pilot from a common AI backbone that is relevant and deployable to any aircraft - from quadcopters to F-16s.
AI and Autonomy Breakthroughs: Powered by Shield AI's Hivemind AI pilot, V-BAT Teams operate autonomously in high-threat environments without the dependence on GPS or communications.
Shield AI is now accepting orders for V-BAT Teams, with deliveries occurring in 2024.

ART & TECH INNOVATOR TRLAB ANNOUNCES US$5 MILLION SEED ROUND, LED BY HIVEMIND CAPITAL AND OKX VENTURES

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Wednesday, September 6, 2023

TRLab was incubated by Dragonfly Capital and launched in 2021, with early-stage support from major art collectors and tech entrepreneurs, including Pace Gallery, Animoca Brands, BAI Capital, and the founders of Artsy and Shanghai's Rockbund Art Museum (RAM).

Key Points:

TRLab was incubated by Dragonfly Capital and launched in 2021, with early-stage support from major art collectors and tech entrepreneurs, including Pace Gallery, Animoca Brands, BAI Capital, and the founders of Artsy and Shanghai's Rockbund Art Museum (RAM).
From its locations in New York and Hong Kong, TRLab works with artists, estates, and art institutions to conceive, produce and launch digital-first art experiences for new and established collectors.
Audrey Ou, TRLab Co-Founder and CEO, said: "We are proud to have the support and commitment of Hivemind and OKX Ventures as we pioneer a new way to conceptualize and collect fine art.
Jeff Ren, Partner of OKX Ventures , said, "At OKX Ventures, we recognize the transformative power of Web3 in the world of fine art.

Primal Launches New Social Network for Digital Freedom

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Friday, July 14, 2023

IOS, Freedom, TestFlight, Android, Risk, Social media, Cryptocurrency, Online shopping, Primal, Hive mind, Messe de Nostre Dame

NASHVILLE, July 14, 2023 /PRNewswire/ -- Today, Primal, a technology company leveraging open-source communication protocols to give users back agency online, announced the launch of its flagship application following a $1M seed round led by Ten31 with participation from Hivemind, and others. Built on the Nostr protocol, Primal is a social media application designed for complete freedom of expression without the risk of de-platforming.

Key Points:

Built on the Nostr protocol , Primal is a social media application designed for complete freedom of expression without the risk of de-platforming.
Beyond its flagship application, Primal builds scaling infrastructure and discovery services for Nostr.
Primal is the first Nostr company to open source its entire product stack including its caching and discovery service, Primal Server, as well as, its web, iOS, and Android apps.
"We are building Primal to offer an alternative to closed social media platforms", said Miljan Braticevic, CEO of Primal.

Hivemind Announces Open-Ended Liquid Opportunity Fund for Institutional Investors

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Tuesday, June 6, 2023

Bitcoin, Ethereum, Hive mind, Human, Knowledge, Growth, YTD, Investment, Cryptocurrency

NEW YORK, June 6, 2023 /PRNewswire/ -- Hivemind Capital Partners, a digital asset investment manager founded by ex-Citi senior trading executive Matt Zhang, today announced the launch of its new, open-ended Liquid Opportunity Fund, with a target size of $300 million, dedicated to trading cryptocurrencies in the secondary market. The fund provides institutional investors and qualified high net-worth individuals select exposure to the digital asset space at an opportune entry point.

Key Points:

The fund provides institutional investors and qualified high net-worth individuals select exposure to the digital asset space at an opportune entry point.
"From our firm's inception, Hivemind has been committed to helping institutions navigate the complex world of digital asset investing.
With our new fund, we're creating an opportunity for investors to take advantage of what we believe is a prime entry point in an accessible and scalable way," said Zhang, Founder and Managing Partner at Hivemind.
As Hivemind expands further into more specialized funds, the company's mission remains focused on identifying ways to offer curated funds across the liquidity and risk spectrum to meet institutional investors' distinctive and evolving demand.

Fedi, Inc. Announces Raising $17 Million in Series A Round

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Wednesday, May 3, 2023

Bitcoin, Nwosu, READ, Bitcoin network, Friends, TBD, Alpha, Cryptocurrency, Hive mind, Fedi

AUSTIN, Texas, May 3, 2023 /PRNewswire/ -- Fedi, Inc., a U.S. based developer of community-empowering financial and data technology, announced today that it has raised $17 million in a Series A round of financing, and is set to pre-launch an Alpha version of Fedi for builders later this month.

Key Points:

Fedi aims to be the world's first federated operating system.
The financing round was led by Ego Death Capital, with participation from TBD, part of Block, Kingsway, Trammell Venture Partners, and Timechain.
The Series A brings the total amount raised by Fedi to $21.21 million.
Earlier seed round investors included Ten 31, Hivemind, Steve Lee, and Recursive Capital.

Huddle01 raises $2.8M led by Hivemind to build the 1st decentralized communication network

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Thursday, April 6, 2023

Seed, Balaji Srinivasan, Communication, Education, Privacy, VR, Visage SDK, InterPlanetary File System, Ecosystem, Documentation, AR, Cryptocurrency, Hive mind

"Huddle01 is at the forefront of the video and audio communication industry, leveraging blockchain technology to make communication faster, cheaper, and more accessible than ever.

Key Points:

"Huddle01 is at the forefront of the video and audio communication industry, leveraging blockchain technology to make communication faster, cheaper, and more accessible than ever.
Huddle01 has taken a 3-pronged approach to make audio/video communication more efficient, reliable, and secure, and that includes a video meeting platform, a/v infrastructure, and dRTC network.
Furthermore, Huddle01 will roll out grant programs to empower developers to build breakout applications on Huddle01's infrastructure and increase their global network.
Huddle01 believes that decentralized real-time communication can not only significantly increase performance, decrease cost and increase the security of interaction but also disrupt centralized communication infrastructure in key sectors like live video commerce, social, gaming, education, and metaverse.

Huddle01 raises $2.8M led by Hivemind to build the 1st decentralized communication network

Retrieved on:

Thursday, April 6, 2023

Seed, Balaji Srinivasan, Communication, Education, Privacy, VR, Visage SDK, InterPlanetary File System, Ecosystem, Documentation, AR, Cryptocurrency, Hive mind

"Huddle01 is at the forefront of the video and audio communication industry, leveraging blockchain technology to make communication faster, cheaper, and more accessible than ever.

Key Points:

"Huddle01 is at the forefront of the video and audio communication industry, leveraging blockchain technology to make communication faster, cheaper, and more accessible than ever.
Huddle01 has taken a 3-pronged approach to make audio/video communication more efficient, reliable, and secure, and that includes a video meeting platform, a/v infrastructure, and dRTC network.
Furthermore, Huddle01 will roll out grant programs to empower developers to build breakout applications on Huddle01's infrastructure and increase their global network.
Huddle01 believes that decentralized real-time communication can not only significantly increase performance, decrease cost and increase the security of interaction but also disrupt centralized communication infrastructure in key sectors like live video commerce, social, gaming, education, and metaverse.