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Lockheed Martin venture arm makes another big play

Carten Cordell
Lockheed Martin venture arm makes another big play

Lockheed Martin Corp.'s venture arm has doubled down on its investments in an artificial intelligence company. It's the Bethesda giant's second venture investment in the company, whose specialty in AI inference processors helps the technology recognize and learn new patterns from data. This latest funding was led by Valor Equity Partners and included investments from Future Ventures, Atreides, Micron Ventures, Lam Research, SoftBank Ventures Asia, Threshold Ventures, Lux Capital, Data Collective, AME Cloud Ventures and Lockheed (NYSE: LMT).