Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Defense tech startup Anduril Industries is reportedly in talks for a fresh funding round, potentially pushing its valuation to 28 billion dollars. Sources indicate that Founders Fund, led by billionaire Peter Thiel, will spearhead the round, which could raise up to 2.5 billion dollars. This follows Anduril’s 1.5 billion dollar funding in August, when it was valued at 14 billion dollars.
Founded in 2017 by Palmer Luckey, the creator of Oculus VR, Anduril specializes in AI-powered autonomous defense systems, including drones and sensor-based weaponry. The company recently unveiled Lattice for Mission Autonomy, an AI-driven platform designed to coordinate autonomous systems under human supervision. In a bid to expand its manufacturing capabilities, Anduril is also developing a large-scale weapons facility in Ohio.
Founders Fund has backed Anduril since its inception, with Trae Stephens, a partner at the firm, co-founding the company. US Vice President JD Vance, a former VC investor, has also invested in the startup and continues to hold stakes.
Thiel, known for co-founding Palantir Technologies (NASDAQ: PLTR), has long supported Republican candidates, including Donald Trump in 2016 and Vance’s Senate run in 2022.
Anduril, headquartered in Costa Mesa, California, has gained significant traction in the defense technology sector, attracting strong investor interest. If the funding round succeeds, it will reinforce Anduril’s position as a leader in autonomous military technology.
Neither Anduril nor Founders Fund has commented on the funding talks, which were first reported by CNBC.
