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Cem Duran, general manager of Boğaziçi Üniversitesi Teknopark, said that artificial intelligence is present in almost all new projects arriving at the complex, while the number of research and development companies there rose from about 30 to 150 over three years. The complex plans to increase the number of research and development engineers to around 3,000 next year.
Defense technology company Terra Industries announced that it has raised an additional $18 million, bringing its total seed round to $52 million. The company plans to expand manufacturing and develop autonomous systems, drones, and mine-detection vehicles, while expanding in London and the United States.