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The Latest Breaking News from Palmer Luckey

Oculus Founder Palmer Luckey's 'Lord Of The Rings'-Inspired Digital Bank Hits $2 Billion Valuation With Backing From Founders Fund

Palmer Luckey is making another big bet: this time, not in virtual reality or military defense, but digital finance. The Anduril CEO and Oculus founder has launched Erebor, a digital bank that already holds a valuation of $2 billion as it raises at least $225 million in funding, Business Insider…

Benzinga

Anduril CEO Palmer Luckey Says 'Thank You' As Trump Resumes Ukraine Arms Shipments

Anduril Industries CEO Palmer Luckey publicly thanked President Donald Trump on Monday after the president announced resumed U.S. weapons shipments to Ukraine, marking a significant policy shift for the defense technology executive’s company.

Benzinga

Tech billionaires including Palmer Luckey set up dumb new bank for those who didn't get burned enough in the 2022 crypto crash

It's all about the stablecoins baby.

PC Gamer

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Anduril CEO Palmer Luckey Says Weapons Destroyed 'Hundreds of Millions' in Russian Assets, Urges US Military Aid to Ukraine

Anduril Industries CEO Palmer Luckey disclosed Wednesday that his company’s autonomous weapons systems have destroyed “hundreds of millions” worth of Russian military assets in Ukraine, while advocating for increased U.S. military support as the fastest path to peace.

Benzinga

Oculus founder Palmer Luckey leads group of tech billionaires launching new crypto-bank — aims to fill the void left by Silicon Valley Bank's 2023 collapse

It's looking to fortify its coffers with stablecoins.

Tom’s Hardware

Palmer Luckey, Peter Thiel, Joe Lonsdale Launch Erebor Bank For Startups, Crypto And Defense — A Digital-Only Bet On The Post-SVB Era: Report

Defense tech billionaire Palmer Luckey is spearheading the launch of Erebor, a digital-only bank targeting startups, cryptocurrency businesses, and defense contractors left underserved after Silicon Valley Bank‘s collapse in March 2023.

Benzinga

Elon Musk denies SpaceX is frontrunner for Trump’s $500 billion ‘Golden Dome’ missile-defense project: ‘This is not true’

Musk, Palmer Luckey, and Alex Karp stand to win lucrative contracts if Trump chooses to work with SpaceX, Anduril, and/or Palantir.

Fortune

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Tech’s Trump ties are starting to burn

Big tech bet on Trump – now tariffs are tanking stocks, IPOs are stalling, and Musk’s role in Washington may be ending

The Guardian - US

Farewell HoloLens - Microsoft officially quits wearable headset technology, hands over billion-dollar DoD contract to Anduril

$22bn HoloLens VR military program will be handed over from Microsoft to Anduril.

TechRadar

Palmer Luckey says he wants to 'turn warfighters into technomancers' as Anduril takes over production of the US Army's IVAS AR headset from Microsoft

Microsoft will continue to support IVAS functionality with "advanced cloud infrastructure and AI capabilities," but it's out of the hardware game.

PC Gamer

China’s DeepSeek faces questions over claims after shaking up global tech

Elon Musk and Palmer Luckey among tech leaders to cast doubts on Chinese startup’s claimed budget and chip use.

Al Jazeera

Palmer Luckey Accuses DeepSeek Of Lying About AI Model Costs: 'The $5M Number Is Bogus'

Palmer Luckey, the founder of Oculus, questions DeepSeek's AI claims, criticising US media for 'mindlessly' reporting on the progress of the Chinese startup.

International Business Times UK

With Trump Win, Silicon Valley's Right Flank Takes On Washington

One week into his second administration, Donald Trump has put technology at the forefront, featuring tech billionaires prominently at his inauguration and announcing major AI infrastructure deals from the White House.

International Business Times

The Silicon Valley venture capitalists who want to ‘move fast and break things’ in the defence industry

I’m a propagandist, I’ll twist the truth, I’ll put forward only my version of it if I think that’s going to propagandise people to believe what I need them to believe.

The Conversation

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International Business Times UK

'California Hates You': Elon Musk Responds to Backlash After Providing Free WiFi in Fire-Hit Areas

An Elon Musk and Donald Trump admirer sparked a firestorm after praising his plan to aid wildfire victims in California with Cybertrucks and Starlink.

International Business Times

OpenAI To Partner With Military Defense Tech Company

OpenAI and military defense technology company Anduril Industries said Wednesday that they would work together to use artificial intelligence for "national security missions."

The National (Scotland)

Scottish firm invests in AI weapons firm founded by US billionaire

A SCOTTISH firm has given financial backing to an AI weapons start-up founded by a US tech billionaire who has links to Donald Trump.

Reason

Betting on Bessent

Plus: Pregnant law student fights a holy war, NYC officials are trying to ruin your holidays, and more...

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The Guardian - US

Kim Kardashian cozying up to a robot is another example of AI entering our lives

The next time you see dystopian thirst traps, we should be thinking about how these robots are going to be used by the self-proclaimed ‘warrior class’

Fortune

Oculus founder Palmer Luckey is back, revolutionizing warfare with a $14 billion startup. And this time he wants you to like him

“I realized too late that my reputation is actually very important,” Luckey told Fortune.

International Business Times UK

Quick Facts About Matt Gaetz: Is He A Lawyer, Net Worth, Wife, And Scandal With A Minor

Matt Gaetz, a Florida Congressman and lawyer, is known for his controversial political career, including a high-profile scandal involving a minor, a modest net worth, and his marriage to Ginger Luckey.

Reason

Kamala Wants Price Controls

Plus: East River swimming, Nord Stream update, Palmer Luckey, and more...

PC Gamer

The trials of a billionaire Bond villain: Oculus founder Palmer Luckey sues after getting stuck in a car elevator in the mansion he bought just to store cars

Luckey also owns an ex-Navy speedboat with a mounted machine gun. God bless America.

The Guardian - US

AI’s ‘Oppenheimer moment’: autonomous weapons enter the battlefield

The military use of AI-enabled weapons is growing, and the industry that provides them is booming

International Business Times UK

Who Is Palmer Luckey? Businessman Sells His Virtual Reality Company For $2B, Then Left Two Years Later

VR pioneer Palmer Luckey left Meta in 2016. He founded Anduril Industries and built a deadly VR headset inspired by anime

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