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Defense tech startup Anduril Industries is in talks to raise funding at a staggering $100 billion valuation, a more than 3x jump from its $30.5 billion valuation in June 2025. The company, which makes autonomous weapons and AI-powered systems, just closed a $5 billion round at $61 billion in May. This meteoric rise, fueled by a global defense spending boom and demand for cheaper, "attritable" hardware, signals a massive shift in where venture capital is flowing. The first...
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