German AI defense company Helsing recently secured €450 million in a C round financing. This funding will be used for product development and research, with a focus on protecting the eastern border of NATO. This round was led by General Catalyst, with other investors including Elad Gil, Accel, Saab, Lightspeed, Plural, and Greenoaks.Image Source Note: The image was generated by AI, and the image licensing is provided by Midjourney The company's co-founders, Niklas K?hler, Torsten Reil, and Gundb

German defense technology startup Helsing is in talks with Silicon Valley investors including Accel and Lightspeed Venture Partners to raise nearly $500 million, achieving a valuation of $4.5 billion.

As sales surge during the holiday shopping season, Visa faces an increase in cybercrime attacks and employs artificial intelligence tools to prevent fraud. With an investment of over $3 billion, Visa has built a robust anti-fraud system that analyzes transactions in real-time and assesses 500 unique risk factors. Despite using AI to combat crime, Visa emphasizes the crucial role of human intelligence in collaboration, working with merchants and other entities to address potential fraud.