NATO’s Innovation Fund (NIF) has announced its initial investments in four European tech firms aimed at bolstering defense and security capabilities. The fund, launched in 2022 post-Russian invasion of Ukraine, includes contributions from 24 NATO member states, including recent additions Finland and Sweden. Among the recipients are Fractile AI, enhancing computing speed for large language models like ChatGPT, and ARX Robotics from Germany, specializing in unmanned systems. Also funded are iCOMAT, a UK-based manufacturer of vehicle materials, and Space Forge in Wales, focusing on semiconductor production in space conditions.
NATO Allies Award First Round of Funding from Innovation Fund
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