Harmattan AI raises $200M Series B led by Dassault Aviation, becomes defense unicorn

Honestly? This is the clearest signal that defense is where AGI funding actually lives. No VC is patient enough for a 10-year horizon on consumer AI, but Dassault will wait. $1.4B for a French defense play backed by an actual fighter jet manufacturer means the money isn't betting on chatbots—it's betting on the infrastructure layer.

Here's the thing: defense has different incentives. They don't need hockey-stick growth or consumer adoption. They need capability. And that's exactly what attracts the kind of dry powder that doesn't care if you're profitable in 5 years.

Fordel's positioning in enterprise solves real problems, but this tells you where the scale capital actually flows. It's not with the consumer crowd.