Anduril raises $5bn at $61bn valuation, doubling in eleven months
Thrive Capital and Andreessen Horowitz led the round on the back of $2bn+ in 2025 revenue and a $20bn Pentagon enterprise agreement signed in March. Anduril Industries has raised $5 billion in a round led by Thrive Capital and Andreessen Horowitz, doubling its valuation to $61 billion eleven months after its previous mark. The Costa […]<br /> This story continues at The Next Web [...]
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Microsoft wants to hand off much of its Army HoloLens program to Palmer Luckey’s Anduril
Microsoft’s six-year-old program to make HoloLens headsets for the US Army could be getting some extra help. If the Department of Defense approves the deal, the company will expand its existing part [...]
OpenAI awarded $200 million US defense contract for the use of its AI models
OpenAI has just launched an initiative called OpenAI For Government starting with a modest new contract. The company was awarded $200 million by the US Department of Defense (DoD) to develop "pro [...]
Anduril will lead the Army’s mixed-reality headset project with Meta as a technology partner
The US Army has awarded contracts to Anduril, Meta, and Rivet Industries to develop new mixed-reality headsets for soldiers.<br /> The article Anduril will lead the Army’s mixed-reality headse [...]
AI video startup Higgsfield is in talks to raise at a $5bn valuation
Higgsfield AI did not exist before March 2025. Fifteen months on, the video startup is in talks to raise money at a $5bn valuation, four times its worth at the start of the year. The company is seekin [...]
Cambridge Aerospace is in talks to raise $300M at a $3.5bn valuation, almost nine times its worth a year ago
Cambridge Aerospace, a British defence-technology startup building systems to shoot down drones and cruise missiles, is in talks to raise around $300M at a valuation of about $3.5bn, according to a Bl [...]
Baseten is raising $1.5bn at up to $13bn, betting AI’s profits lie in cheap inference
Baseten is finalising a $1.5bn funding round that values the company at up to $13bn. The structure is almost as notable as the size. The round is dual-tiered, with some investors buying in at an $11bn [...]
AI infrastructure startup Baseten raises $1.5bn at up to $13bn valuation as Blackbird makes its biggest-ever bet
The AI infrastructure startup raised $1.5bn in a Series F, with Australia’s Blackbird VC putting in what may be the largest single outlay yet by an Australian firm. Baseten has raised $1.5bn in a Se [...]