Explore military history, tech, and global developments.
Military & Defense
Defense tech startup Anduril Industries has announced a major milestone: the construction of a sprawling weapons factory, Arsenal-1, in Columbus, Ohio. This billion-dollar project marks a significant leap forward for the company as it seeks to scale production of its cutting-edge autonomous surveillance and weapons systems. Massive Investment and Economic
Military & Defense
Defense technology startup Epirus is raising between $150 million and $200 million in a new funding round led by Joe Lonsdale’s 8VC. The funding is expected to value the company at around $1 billion. Epirus, known for its advanced drone-intercepting technology, continues to be a key player in the
Transportation
Archer Aviation (NYSE: ACHR), a leading air-taxi maker, announced on Thursday that it has raised $430 million in fresh capital. The funding, which includes contributions from existing investors United Airlines and Stellantis, as well as new backers Wellington Management and Abu Dhabi’s 2PointZero, comes through an equity offering. Key
Finance
Palantir Technologies (NASDAQ: PLTR) has emerged as one of the most prominent artificial intelligence (AI) stocks this year. Shares have skyrocketed 345% year-to-date, outperforming all S&P 500 companies in 2024. Its strategic moves and market optimism around AI continue to fuel investor enthusiasm, but there are rising concerns
Military & Defense
Alex Karp, the CEO of Palantir Technologies, acknowledges the dual-edge nature of his company’s technology. Palantir’s software—powered by machine learning and AI—is optimizing everything from manufacturing and supply chains to modern warfare. In Ukraine and across the Middle East, Palantir’s AI tools are proving critical
Military & Defense
OpenAI has entered into a partnership with defense technology company Anduril Industries to integrate its artificial intelligence (AI) capabilities into Anduril's counter-unmanned aircraft systems (CUAS). This collaboration aims to enhance the detection, assessment, and real-time response to aerial threats, marking a significant shift in OpenAI's engagement
Robotics
Elon Musk's vision of affordable humanoid robots is poised to revolutionize the workforce. Futurist Peter Diamandis forecasts that the global robot sector will soon be worth $24 trillion, driven by significant investments. These robots are expected to replace human roles in sectors like aged care, manufacturing, hazardous manual
Semiconductors
The U.S. government plans to reduce Intel's initial $8.5 billion federal chips grant to less than $8 billion. This adjustment considers a $3 billion contract offered to Intel for manufacturing chips for the Pentagon. Earlier this year, President Biden's administration announced nearly $20 billion
Military & Defense
In 2024, the defense technology sector has experienced unprecedented growth, with funding reaching new heights. Leading this surge is Anduril Industries, a defense tech startup co-founded by Palmer Luckey. In August, Anduril secured a $1.5 billion funding round, elevating its valuation to $14 billion. This significant investment underscores a
Military & Defense
The United States has unveiled El Capitan, the world’s fastest supercomputer, at the SC Conference for supercomputing in Atlanta, Georgia. Designed to maintain the safety and reliability of the U.S. nuclear stockpile, El Capitan marks a major milestone in computational power. A New Era of Simulated Testing Following
Government
On November 5, 2024, U.S. Capitol Police arrested a man attempting to enter the Capitol Visitor Center (CVC) in Washington, D.C. The individual, described as a white male in his late 20s, was found carrying a blowtorch and a flare gun and reportedly smelled strongly of fuel. During
Data Analytics
Palantir Technologies Inc. reported strong third-quarter 2024 earnings, driven by increased demand for its AI and data analytics platforms. The company achieved a 30% year-over-year revenue increase, reaching $725.5 million, surpassing analyst expectations of $703.4 million. This growth was fueled by significant gains in both government and commercial