In the expanding dominion of artificial intelligence (AI), Helsing, an AI startup, has recently captured attention with its significant Series B funding round. Having secured a noteworthy $223 million (approximately 209 million euros), led by venture capital firm General Catalyst and with Swedish company Saab as a strategic investor, the firm is poised to intensify its contributions to the field.
Founded in 2021, Helsing concentrates on constructing AI-powered solutions and components for military utilisation. Their work ranges from servicing projects like the forthcoming NATO Eurofighter aircraft upgrade to the Future Combat Air System (FCAS) initiative. The firm has continually emphasised its commitment to pioneering AI technology for the protection of democratic countries. This elevation of resources will surely aid in the achievement of their goals.
The rise of Helsing, however, does not exist in a vacuum. A multitude of firms is making strides to provide governments and armed forces with cost-effective AI-powered military technologies. This competitive race surrounding AI’s role in warfare includes players such as Kratos Defense and Shield AI. The fervent drive does pose a question, with many wondering if the scramble for advancement may potentially hasten the integration of AI in sensitive areas prematurely.
The whirlwind expansion of AI technology, symbolised by the advent of OpenAI’s ChatGPT in November 2022, hold striking consequences beyond the defence sector. One of these implications is the potential upheaval of the performing arts. Hollywood actors went on strike recently after AI began playing a role in portraying background performers. This swift integration of AI could have unforeseen impacts on the job market and professional sectors.
Despite this, AI technology has demonstrated its value in multiple industries. Its expansive use in natural language processing (NLP) systems enhances versatility. This innovation has fuelled language translation capabilities, increased the accuracy of automated responses and inspired an evolution in creative content generation.
However, alongside these advancements are possible ramifications, like the displacement of jobs and ethical considerations around AI’s role in warfare. The accelerated pace at AI technology is spreading across sectors is certainly garnering global attention. As Helsing and companies of its ilk progress, the world watches, mourning some losses and celebrating other wins, while apprehending the transformative impact of artificial intelligence.
Source: Cointelegraph
