"Arms Race Has Started": War Unicorns Enter M&A Phase As Ondas Snaps Up Kamikaze Drone Maker DZYNE

Situational Awareness Returns With $400M Investment After Nearly Collapsing Authored by Zoltan Vardai via CoinTelegraph.com, Situational Awareness, the hedge fund founded by former OpenAI researcher Leopold Aschenbrenner, reportedly invested $400 million in a privately held company days after it nearly collapsed under margin calls. The fund invested $100 million in the same unnamed company in July, Bloomberg reported Thursday, citing people familiar with the matter.  The latest investment was completed on Tuesday. Cointelegraph has approached Situational Awareness for comment. Assets at Situational Awareness fell about 78% in July, as an AI-stock sell-off triggered margin calls from Wall Street lenders. The...

Inside Global Aerospace & Defense Boom: 12 Takeaways From World's Most Important Airshow The Farnborough International Airshow is coming to a close in the UK, marking the end of one of the aerospace and defense industry's top gatherings. Institutional research desks have had boots on the ground, tracking commercial-aircraft orders, defense procurement and other industry trends. A team of Citi analysts led by John Godyn attended Farnborough earlier this week and reported back to clients Thursday morning. Their findings pointed to accelerating missile demand and a wave of new aircraft orders...

Houthis Announce Blockade On Saudi Shipping, Threaten Drone & Missile Attacks On Kingdom Yemen's Houthi rebels have announced they are imposing a new maritime embargo against Saudi Arabia in response for a recent attack on Sanaa Airport, and after years of the kingdom leading a blockade of Houthi-controlled Yemeni ports. A military statement by Houthi spokesman Yahya Saree said the maritime ban on all Saudi shipping will be effective immediately in what he declared as an "equation of 'an eye for an eye.'" via Middle East Eye However, details of what this 'embargo' will...