Venture
Thrive’s Joshua Kushner Warns Against AI Investment Euphoria
Thrive Capital’s Joshua Kushner cautions against AI investment euphoria as the firm defends its concentrated strategy and reports $60 billion in assets under management.
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Thrive Capital’s Joshua Kushner cautions against AI investment euphoria as the firm defends its concentrated strategy and reports $60 billion in assets under management.
Defence technology startup Anduril is reportedly in talks to raise fresh Funding that could value the company at about $100 billion amid booming demand for AI-powered military systems.
A former Anduril engineer has raised $42 million to build a platform to transform the sourcing and production of composite parts for the aerospace, defence, and industrial sectors.
The US Army has awarded Anduril a contract worth up to $20 billion, signalling a major push toward advanced defence technology and autonomous systems.
Anduril founder Palmer Luckey says autonomous fighter jets are the most exciting part of the company’s expansion as it plans a major new campus in Long Beach.
Lux Capital has raised $1.5 billion for its ninth fund, the largest in the firm’s history, as investors continue backing frontier science and defence technology.
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