24 stories found
Erebor, a start-up bank backed by Palmer Luckey, is reportedly poised to raise $1.5 billion, valuing the lender at $8 billion and highlighting the growth of Silicon Valley-supported financial institutions.
Prominent business leaders including Palmer Luckey, Jensen Huang, and Elon Musk have commented on California's controversial proposal for a billionaire tax.
Prominent Silicon Valley figures, including Sam Altman, Palmer Luckey, and Bryan Johnson, participated in a new online game show where they played the social deduction game 'Mafia.' The show featured these 'tech legends' facing off in a strategic competition.
Defense technology company Anduril Industries has secured $5 billion in new funding, doubling its valuation to an estimated $61 billion. This significant investment highlights the continued boom in defense tech funding.
Tech entrepreneur Palmer Luckey has reportedly discovered an old technology relic that has connections to Apple's new CEO. The details of the relic and its significance are being explored.
Palmer Luckey, founder of Oculus VR, left Facebook (now Meta) amid controversy after selling his startup for $2 billion. He subsequently founded Anduril Industries, a defense-tech company, and recently commented on Meta's VR layoffs.
Anduril, a defense technology company founded by Oculus creator Palmer Luckey, is reportedly expanding into space operations to support President Trump's 'Golden Dome' project.
Palmer Luckey, founder of defense tech startup Anduril, has emerged as a key figure in the Pentagon's efforts to modernize the U.S. military with autonomous weapons, particularly under President Trump's agenda.
Exclusive emails have revealed that Palmer Luckey, co-founder of defense firm Anduril, has donated millions to Republicans and bundled additional funds while his company secured billions in sole-source Pentagon contracts.
A proposed wealth tax in California could impact more than 200 billionaires, including prominent figures like Palmer Luckey, Mark Zuckerberg, and Jensen Huang, if it passes.
Goldman Sachs has reportedly met with Palmer Luckey’s defense startup, Anduril, as 'war unicorns' like Anduril emerge as key players in reshaping defense technology by providing affordable, scalable advanced weaponry.
Alexandria Ocasio-Cortez (AOC) has publicly criticized billionaire wealth, asserting it is 'subsidized' by underpaid workers. Her comments ignited a clash with tech entrepreneur Palmer Luckey, who dismissed her claims as lacking scrutiny.
Tim Cook is stepping down from his role as CEO of Apple, with John Ternus, the company's senior vice president of hardware engineering, announced as his successor. This leadership change prompts discussions about Apple's future direction and challenges.
North Korea announced it successfully tested a new high-thrust solid-fuel engine for a missile capable of reaching the US mainland, with leader Kim Jong Un observing the test as part of the country's strategic arsenal development, marking an important phase in its strategic weapons program.
AI firm Anthropic plans to fight in court after the Pentagon designated it as a US national security risk, marking the first time a US company has received such a label, typically reserved for foreign adversaries.
Former gamer Palmer Luckey has sights set on US defence b... The Observer
Palmer Luckey's defense company, Anduril Industries, has unveiled Thunder, an autonomous tiltrotor aircraft designed to deliver missiles, drones, electronic-warfare systems, and cargo.
Anduril founder Palmer Luckey urged critical resets across defense procurement, manufacturing, innovation, and national identity, advocating for the U.S. to become the world's leading arms exporter.
Mario Draghi was honored with the Charlemagne Prize in Aachen, where he delivered a speech emphasizing the need for Europe to be more assertive globally and unite to face new geopolitical realities. Greek Prime Minister Mitsotakis also spoke at the ceremony, praising Draghi's support for Greece during its crisis.
Oculus founder Palmer Luckey congratulated Apple's new CEO John Ternus, recalling Ternus's early work as a mechanical engineer on the V8 virtual reality headset in the late 1990s and sharing a 25-year-old photo.
Valar, a nuclear startup backed by Oculus founder Palmer Luckey, has successfully secured a $2 billion valuation. This significant milestone highlights growing investor interest in advanced nuclear energy technologies.
Anduril Lands $20 Billion Pentagon Contract For "Modern Battlefield" Hardware Nine days after Axios reported that Palmer Luckey's Anduril was raising around $4 billion at a $60 billion…
From AI weapons to Game Boys, defence tech billionaire is in talks to raise funds for new gaming venture ModRetro
Rise Of Europe's "War Unicorns" As Goldman Maps The Defense-Startup Ecosystem The "war unicorn" startup boom we pointed out the other week isn't just an American story. It's happening across the West, as defense startups built around dual-use technology could become the next hot bubble. Goldman analysts, led by Sam Burgess, told clients on Tuesday that European defense is seeing a "rise of the startups," which could reshape an industry long dominated by major defense contractors. Burgess said there are more than 380 defense tech startups across Europe, and these companies have raised over $3 billion, heavily focused on dual-use areas like AI analytics, autonomy, sensing, cyber resilience, and next-generation communications. He said these startups are clustered around major innovation hubs in London, Munich, Stockholm, Paris, and Helsinki, backed by early-stage investors and public programs, including the NATO Innovation Fund and the EIF Defense Equity Facility. Here's a visual breakdown of the EU defense startups ecosystem: "Recent conflicts, particularly the war in Ukraine, have underscored the need for rapid technological iteration, multi-domain integration, and a digitally enabled battlefield," Burgess said. Burgess' note is exactly on point and follows our view of the rise of war unicorn startups as big defense primes face an "adapt or die" moment, as the war in Ukraine and a surge in dual-use technologies (drones, ground bots, and AI kill chains) have pushed Secretary of War Pete Hegseth to recently announce a move to accelerate the fielding of this new technology. Translation: The DoW under Hegseth and the rest of the procurement process are moving away from bloated legacy defense primes toward defense tech startups, creating a boom as we've characterized by the rise of war unicorns like Palmer Luckey's Anduril Industries. The shift away from big defense primes in the DoW's procurement process comes as the war in Ukraine has given military planners and strategists an uncomfortable preview of what conflict in the 2030s could look like. It's not just about expensive stealth jets, bombers, and big, fancy missiles and cannons. It's about ground robots, drones, and consumer-grade products that can easily be weaponized. Professional subscribers can read the full note on Europe's rise of defense startups on our new Marketdesk.ai portal. Tyler Durden Wed, 02/18/2026 - 05:45