NATO Establishes $1B Multi-Sovereign Tech Innovation Fund; Jens Stoltenberg Quoted

July 7, 2022

Executive Biz:

The investment fund specifically valued at €1 billion will target start-ups focused on advancing artificial intelligence, biotechnology, big-data processing, novel materials, energy, quantum technology as well as propulsion and space, the alliance said Thursday.

NATO Secretary General Jens Stoltenberg and leaders from 22 allied countries led the launching of the fund, which was also meant to supplement the Defense Innovation Accelerator for the North Atlantic…

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