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Palmer Luckey's Anduril Secures $5B At $61B Valuation To Supercharge Killer Drone Production
Palmer Luckey's Anduril Secures $5B At $61B Valuation To Supercharge Killer Drone Production
Palmer Luckey's Anduril announced a $5 billion Series H funding round at a $61 billion valuation, led by Thrive Capital and Andreessen Horowitz. This comes as President Trump's 'war economy' and the rise of 'war unicorns' gain momentum.
Anduril CEO Brian Schimpf wrote in a statement about the Series H funding round, indicating the "financing reflects that shift, and it gives us the ability to continue investing aggressively in manufacturing capacity, research and development, and the infrastructure required...
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Kuwait ‘mistakenly’ shoots down 3 US F-15s: Pentagon
Kuwait “mistakenly” shot down three U.S. F-15 fighter jets on Sunday after strikes were launched against Iran one day earlier, according to U.S. Central Command (Centcom).
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Apr 26, 2026 / Tyler Durden
When The Cost of Truth Is High, We (And AI) Lie...
When The Cost of Truth Is High, We (And AI) Lie...
Authored by Charles Hugh Smith via OfTwoMinds blog,
When we can no longer tell the truth because the cost is so high that it threatens our reward for compliance, we're unimaginably impoverished.
Truth has an intrinsic, irreplaceable value.
There's the truth, and then there's everything else.
Truth has value, and so it has a cost.
Whatever has the highest value has the highest cost, and high cost commands sacrifices.
When the cost of truth is high, we lie.
And since AI is a distorted reflection of...
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Jul 14, 2026 / Tyler Durden
Offload Risks Onto The Bottom 90% And Immiseration Follows
Offload Risks Onto The Bottom 90% And Immiseration Follows
Authored by Charles Hugh Smith via OfTwoMinds blog,
The underlying story of the past 50 years has been the offloading of risk onto workers and consumers.
On my map of how the world works, we start with structures of control that distribute the good stuff--resources, assets, income and power--and the bad stuff: costs, losses and risks. As I explained in The US Economy In a Nutshell: Privatize the Gains, Socialize the Costs, the current arrangement distributes the gains to the top 10% and the costs and risks to...
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