AI-powered defense startup Anduril Industries is in talks for a new funding round that could hike the valuation of the Palmer ...

Tech billionaire Peter Thiel's Founders Fund is set to lead the round, which could be as much as $2.5 billion, according to ...

Founders Fund is on track to conclude fundraising of its third growth fund at the end of March, according to people close to ...

Founders Fund, which is leading the deal, is expected to contribute $1 billion to the $2.5 billion funding round.

(Reuters) -AI-powered defense startup Anduril Industries is in talks for a new funding round that could hike the valuation of the Palmer Luckey-founded company to $28 billion, sources said on Friday.

Investors have reason to want in. Founders Fund has an enviable portfolio of growth companies which not only includes Anduril and SpaceX but Stripe, OpenAI, and Figma.