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In just 4 months, AI medical scribe Abridge doubles valuation to $5.3B

Abridge, an AI startup automating medical notes, has secured a $300 million Series E at a $5.3 billion valuation, according to the Wall Street Journal.  The round, led by Andreessen Horowitz with participation from Khosla Ventures, follows the company’s $250 million February fundraise at a $2.75 billion valuation. The seven-year-old Abridge is widely considered to … Read more

Shield AI raises $240M at a $5.3B valuation to commercialize its AI drone tech

Shield AI, the San Diego defense tech startup that builds drones and other AI-powered military systems, has raised a $240 million round at a $5.3 billion valuation, it announced today. Shield AI says its Hivemind software already enables fighter jets and drones to fly autonomously. Now, Shield AI wants to sell Hivemind to a broader … Read more

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