Pardoned Nikola founder Trevor Milton is trying to raise $1B for AI-powered planes

Pardoned Nikola founder Trevor Milton acquired SyberJet Aircraft and is attempting to raise $1B to build AI-powered autonomous planes, recruiting former Nikola staff and courting Saudi investors. He plans to design a new avionics system from scratch for the 'first light jet to focus on AI flight,' potentially targeting defense contracts, while acknowledging the venture will be far harder than Nikola.