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Kamikaze Drone Maker Raises $320 Million In U.S. IPO As 'War Unicorns' Rise
Kamikaze Drone Maker Raises $320 Million In U.S. IPO As 'War Unicorns' Rise
The rise of "war unicorns" will be an impressive development to watch over the next several years, as we've diligently laid out for readers for months, well before the U.S.-Iran conflict, how a massive government push and in capital markets would begin to prioritize the next generation of defense-tech firms rather than big, bloated legacy defense contractors.
Aevex, a military drone maker backed by Madison Dearborn Partners, is the latest example of capital markets getting excited about war...
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Gen Z Americans Grow More Skeptical And Angry About AI, Survey Finds
Gen Z Americans Grow More Skeptical And Angry About AI, Survey Finds
Authored by Bill Pan via The Epoch Times,
Young Americans are using artificial intelligence (AI) regularly, but their distrust and resentment toward the technology are also growing, according to a new Gallup survey.
The survey, released Thursday, found that more than half of Generation Z respondents ages 14 to 29 said they use generative AI either daily or weekly. Younger members of Gen Z who are still in K–12 education were more likely than Gen Z adults to say they...
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May 4, 2026 / Tyler Durden
Trump's "Project Vault" Plans To Initially Buy Rare Earths From China
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As we reported in February, the US Export-Import Bank’s proposed rare earth stockpiling initiative would initially source critical minerals from anywhere in the world - including China, an official involved in the project revealed to Bloomberg. The $12 billion Project Vault would later shift to a replenishment model that prioritizes domestic production first, followed by allied nations and other sources as a last resort, executives including Ex-Im Chief Banking Officer Brian Greeley said lastt week, unveiling some of the first details publicly...
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