President Joe Biden is joining the UAW picket line
Plus: Meat monopoly.
Stay updated with breaking news from Aniel Ek. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Helsing, a "Defense AI" startup backed by Spotify founder Daniel Ek which had previously raised €102.5 million, has today pulled in another €209 million ($223 million) in a Series B funding round led by General Catalyst. The investment could potentially make Helsing the largest European AI company and also the largest European defense tech unicorn. The pre-money valuation for Helsing was said to be €1.5 billion, but post-money would put that figure at over €1.7 billion.
Its purchase of Findaway is clearing the path for Spotify to take on Audible.
The leaders debated the topic in a social media exchange. And Fortune asked executive coaches their take.
These AI features on Spotify may include creating additional personalized experiences, summarizing podcasts, and generating ads.