Reported about 10 hours ago
Anduril Industries, an AI-powered defense startup founded by Palmer Luckey, is in discussions for a new funding round led by Peter Thiel's Founders Fund, potentially increasing its valuation to $28 billion. The funding, estimated at $2.5 billion, follows a recent $1.5 billion raise and indicates strong investor interest in the defense tech sector. The company, known for developing autonomous weapons and sensors, plans to expand its manufacturing capabilities with a new plant in Ohio.
Source: YAHOO