Dream, the Israeli AI cybersecurity startup that tripled its valuation to $3 billion this year, is expanding into Latin America. The company is targeting governments aligned with Washington in a region where cyber attacks are reportedly growing 25% ann…
Dream, the Israeli AI cybersecurity startup that tripled its valuation to $3 billion this year, is expanding into Latin America. The company is targeting governments aligned with Washington in a region where cyber attacks are reportedly growing 25% ann…
A bank that barely existed a year ago is now chasing a valuation most European lenders can only dream of. Erebor was founded by Anduril’s Palmer Luckey and backed by Peter Thiel. It is in talks to raise at a valuation of at least $8bn, and its deposits…
Anduril has become the poster child for a faster, software-speed kind of defence contractor. Last Friday, one of its rocket motors blew up on a test stand in Mississippi. The blast is a small setback that carries an outsized message about how hard buil…
The three-year deal aims to let drones from different manufacturers operate under one command system, a lesson the Netherlands says it has drawn from Ukraine. The Netherlands’ Ministry of Defence is putting tens of millions of euros into Intelic, a Dut…
Europe has a new defence-tech heavyweight. Quantum Systems, a German maker of autonomous drones, has raised $1.2bn and more than doubled its valuation to about $8bn. It is one of the largest rounds ever for a European defence startup. The Bavarian comp…
Palantir has a new enemy, and it is the way most of the AI industry makes money. Its nine-point manifesto tells institutions to hoard their data, own their model weights, and stop “tokenmaxxing.” It is a pitch dressed as a principle. On Tuesday, Palant…
Canada just produced the biggest Series A in its defence history. The money is going into autonomous drones and the software to run a war in the Arctic. Dominion Dynamics, an Ottawa defence-technology company, has raised CA$139mn ($100mn) in a Series A…
Andreessen now advises the Pentagon’s leadership on the very decisions his firm has invested billions around. It is legal, and it raises a question the rules were built to answer. Pete Hegseth announced the membership of a freshly cleared-out Defense P…
The opposition KMT is proposing NT$240bn for unmanned systems just days after stalling the government’s plan, in a fight with real implications for the island’s defence. Few militaries have watched the war in Ukraine more closely than Taiwan’s, and the…