Artificial Intelligence Takes Center Stage As Hestus Launches Groundbreaking Cad Copilot
Hestus, a startup co-founded by former SpaceRyde CEO Sohrab Haghighat, has secured $1.5 million in …
23. December 2024
Several trends are expected to shape the tech industry ahead of 2025. Funding for AI and blockchain technologies is anticipated to continue its upward trend, particularly generative AI, as it gains prominence in various industries.
Government spending and the need for advanced AI capabilities in military systems will drive growth in defense technology. Ongoing conflicts in Ukraine and the Middle East are likely fueling this trend.
The job market remains challenging, with skilled workers facing difficulties finding high-paying jobs at mature tech companies or funded startups. However, generative AI may continue to attract talent despite its focus on replacing human labor.
Defense technology startups have already raised a record amount of venture capital in 2023, driven by government spending and the need for advanced AI capabilities. This trend is expected to persist, with a growing overlap between defense tech, aerospace, and industrial technologies.
Europe’s defense spending is projected to increase, focusing on developing AI-powered smart weapons, more advanced drones, and better radar technology.