Anduril Discusses New Funding at $60 Billion-Plus Valuation
Defense tech startup Anduril is in talks to raise billions in new funding at a valuation of at least $60 billion including the new investment, according to a person with knowledge of the plans. The va...
Pharma Rewires Drug Development With AI Operations
Drug development has grown too expensive and too slow to rely on manual workflows, as the cost of bringing a single therapy to market climbs into the billions and approval timelines stretch across a d...
Copyright Kills Competition
Copyright owners increasingly claim more draconian copyright law and policy will fight back against big tech companies. In reality, copyright gives the most powerful companies even more control over c...
Shield AI Seeks $1 Billion to Lead Global Defense Tech Surge
Defense technology startup Shield AI is in talks to raise up to $1 billion in a funding round that would value the company at $11 billion, Bloomberg reported Friday (Feb. 13), citing unnamed sources.
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FTC Grills Microsoft Rivals to Bolster Antitrust Probe
The Federal Trade Commission (FTC) has been asking several of Microsoft’s competitors about the company’s business practices as part of an ongoing antitrust probe, Bloomberg reported Friday (Feb. ...