Woolworths Faces Fresh Class Action Over Alleged Underpayments, Shares Slide 
United Airlines Tokyo-Bound Flight Returns to Dulles After Engine Failure 
Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges 
Fortescue Expands Copper Portfolio With Full Takeover of Alta Copper 
Azul Airlines Wins Court Approval for $2 Billion Debt Restructuring and New Capital Raise 
Evercore Reaffirms Alphabet’s Search Dominance as AI Competition Intensifies 
Intel’s Testing of China-Linked Chipmaking Tools Raises U.S. National Security Concerns 
iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures 
Nomura Expands Alternative Assets Strategy With Focus on Private Debt Acquisitions 
Rio Tinto Signs Interim Agreement With Yinhawangka Aboriginal Group Over Pilbara Mining Operations 
ANZ Faces Legal Battle as Former CEO Shayne Elliott Sues Over A$13.5 Million Bonus Dispute 
Strategy Retains Nasdaq 100 Spot Amid Growing Scrutiny of Bitcoin Treasury Model 
Moore Threads Stock Slides After Risk Warning Despite 600% Surge Since IPO 
Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand 
Coca-Cola’s Costa Coffee Sale Faces Uncertainty as Talks With TDR Capital Hit Snag 
SK Hynix Considers U.S. ADR Listing to Boost Shareholder Value Amid Rising AI Chip Demand 
Korea Zinc Plans $6.78 Billion U.S. Smelter Investment With Government Partnership 
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.
