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The Latest Breaking News from Palmer Luckey

Palmer Luckey's Anduril Explores Funding Round at $100B Valuation

Anduril Industries is exploring a new funding round that could value the defense technology startup at roughly $100 billion, a valuation that would place the company alongside some of the largest U.S. defense contractors.

Benzinga

Archer Aviation Just Unveiled A Military Aircraft With Anduril. Their Stock is Soaring More Than 20%

Archer Aviation shares surged more than 20% on Monday after the electric air taxi developer unveiled a new autonomous military aircraft developed with defense technology company Anduril.

International Business Times

Anduril’s billionaire founder warns U.S. colleges are falling behind China—where students are learning AI. And it’s already ‘hollowed out’ companies

Palmer Luckey, a college dropout turned billionaire entrepreneur, says while America teaches kids to dream big, China is teaching them to actually build.

Fortune

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US defence firm Anduril in talks for Nissan plant to build drones in Japan, sources say

US defense firm Anduril Industries is reportedly in talks to acquire Nissan's Oppama assembly plant near Tokyo, aiming to produce military drones in Japan. This potential deal could transform a historic car factory into an arms-making hub amidst Japan's push to expand defense manufacturing. The move comes as Tokyo seeks…

The Economic Times

Quote of the day by Anduril CEO Palmer Luckey: 'There's no moral high ground in using inferior technology' — challenging the dominant narrative over AI use in defense

The ethics of AI usage matter less than using the best possible tools, according to Anduril CEO Palmer Luckey.

TechRadar

Founders Fund launches Mafia, a game show starring Silicon Valley Dons

The debut episode features 13 players well-known in the tech space, such as OpenAI CEO Sam Altman, fitness personality Bryan Johnson, messaging service Signal’s founder Moxie Marlinespike, and virtual reality headset Oculus Rift creator Palmer Luckey, among others.

The Economic Times

‘Don’t leave’: Jensen Huang challenges billionaire class as he insists ‘highest taxes in the world’ are OK with him

Jensen Huang is still all in on California and he's talking about it with Ro Khanna, the congressman infuriating the billionaire class.

Fortune

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Will Anduril founder Palmer Luckey’s insistence on deferring to U.S. interests scare off the allies he wants to arm?

"I’m not going to go to prison to sell you spare parts," Luckey tells Fortune.

Fortune

WATCH: Anduril's Palmer Luckey talks AI, nukes and Iran on "The Axios Show"

Luckey joined Axios' Colin Demarest from Anduril's Costa Mesa, California headquarters.

Axios

Exclusive: U.S. lacks the "will" for Iran ground war, Anduril's Luckey says

"Maybe I'll be eating my words in a week, but I don't think that we have it in us."

Axios

Palmer Luckey says Silicon Valley has the Pentagon all wrong: ‘Stick to a position that this is in the hands of the people’

Luckey said that allowing tech companies to decide how to use AI effectively transfers power from the U.S. government to corporations.

Fortune

Palmer Luckey says AI will make hardware so cheap you’ll be able to buy a ‘Ford F-150 for $1,000’

The Anduril cofounder says he thinks AI will revolutionize the production chain, making seasonal car purchases a reality.

Fortune

'We're going to let VR be what it is and what it does great,' says Meta execs regarding Quest changes

Last week's layoffs of 1,500 Reality Labs employees shocked the Meta Quest community, and now Meta is finally explaining what's going to happen next.

Android Central

Meta abandoning VR is 'obviously false,' according to Oculus founder, but Meta's own actions scream the opposite

With Meta laying off a large portion of its VR department in favor of smart glasses, Oculus founder Palmer Luckey believes "this isn't a disaster," but upcoming Quest headsets aren't looking bright.

Tom’s Guide

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"Change always sucks because people lose their jobs": but Oculus founder Palmer Luckey still thinks Meta is doing the right thing for VR

Meta's layoffs affected 1,500 jobs last week – and Luckey thinks it's a move for the greater good.

TechRadar

Oculus founder calls Meta Quest layoffs ‘Not a disaster’ — but I still can’t see it as anything but terrible

'Not a Disaster'? Here's why Oculus founder Palmer Luckey is wrong about the Meta Quest layoffs.

Fortune

California's wealth tax doesn't fix the real problem: Cash-poor billionaires who borrow money, tax-free, to live on

Billionaires live under "buy, borrow, die," and California's wealth tax wouldn't touch that. An estimated $1 trillion of wealth has already fled.

Reason

California Billionaires Are Leaving the State in Response to Proposed Wealth Tax

The wealth tax would discourage investment and likely lower tax revenue for California.

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Barchart

Palmer Luckey Warns China’s ‘Most Powerful Weapon’ Isn’t a ‘Missile or Drone, It’s Their Ability to Control People’s Minds Through the Media’

Palmer Luckey argues China’s strongest weapon is propaganda, highlighting censorship’s social acceptance and its implications for technology, security, and markets.

Fortune

Silicon Valley billionaire flies coach out of solidarity: 'If I'm going to ask my employees to do it, I need to do it, too'

"Even like, yes, I have a lot of money but ... it feels like I'm out of touch," said Palmer Luckey, who set a $100k limit on his startup's salaries.

Fortune

Founder of $30 billion defense tech company Anduril embraces Trump’s threat to crack down: It’s ‘good to scare people sometimes’

When dealing with public money “the public should be able to impose whatever restrictions they want on you,” Luckey said.

International Business Times UK

What the 'Jensen Huang Billionaire Tax' Would Actually Mean for Ordinary California Residents

Jensen Huang is okay with California's proposed wealth tax, which could cost him nearly $8 billion. The measure faces mixed reactions.

International Business Times

Silicon Valley Founders Warn They May Flee If California Billionaire Tax Passes

Silicon Valley billionaires warn a proposed California wealth tax could drive founders and jobs out of the state.

International Business Times UK

Tech Billionaires Warn of California Exodus as 5% Wealth Tax Sparks Panic

Tech billionaires threaten to flee California as a proposed 5% wealth tax sparks panic among Silicon Valley founders.

Fortune

California tech founders unload on a proposed state wealth tax that already has some billionaires preparing an escape. 'I am screwed for life'

"One market correction, nationalization event, or prohibition of divestiture (not at all uncommon during wartime) and I am screwed for life."

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