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VILNIUS, softwarecosmos July 11 (Reuters) – Helsing, a German AI start-up active in the defence sector, will invest 70 million euros over the next three years in its new Estonian subsidiary, the company said on Thursday.
“We have founded a company in Estonia so that our advanced AI can be deployed on the (NATO) eastern flank as quickly as possible”, Helsing CEO Gundbert Scherf said in the statement.
The company “will draw lessons from the Ukraine war and conduct self-funded AI research to meet the needs of the Baltic Defence Forces”, he added.
The Munich-based company was recently chosen by the German defence ministry to implement artificial intelligence tools in the country’s Eurofighter jets. (Reporting by Andrius Sytas in Vilnius; Editing by Toby Chopra)
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