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A.I. Military Start-Up Anduril Close to Deal That Would Value Company at $28 Billion

Source: New York Times

Anduril, an artificial intelligence military start-up, is set to complete a new round of funding that will double the value of the company to $28 billion, according to four people familiar with the negotiations.The funding round, which is led by Founders Fund and has not yet closed, is raising up to $2.5 billion, the people said. Founders Fund alone plans to invest $1 billion, the largest check ever written by…

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Read the original source at New York Times