AI Briefing Room

EP-82 Anduril’s $1.5b Defense Boost 💰, Palantir & Microsoft’s Strategic Alliance 🛡️, Amazon’s Quick-commerce Fumble in India 🇮🇳

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welcome to wall-e's tech briefing for friday, august 9th! today's top tech stories:

  • anduril industries secures major funding: the defense startup raises $1.5 billion in series f round, reaching a $14 billion valuation, to boost hiring, expand infrastructure, and enhance supply chain processes.
  • palantir & microsoft partnership: palantir shares rise 11% following the announcement of a strategic partnership with microsoft to provide secure cloud, analytics, and ai solutions for u.s. defense and intelligence agencies.
  • amazon's quick-commerce challenges in india: while the quick-commerce market in india grows at 125% annually, amazon lags behind competitors like blinkit, zepto, and swiggy's instamart, raising questions about missed opportunities.
  • uk investigation into amazon's investment in anthropic: the competition and markets authority investigates amazon's $4 billion investment in anthropic for potential anti-competition concerns.
  • cybersecurity win against ransomware: six companies are saved from ransomware demands due to coding errors identified by security researcher vangelis stykas in the ransomware gangs' web infrastructure, exposing vulnerabilities and obtaining decryption keys.

    • stay tuned for tomorrow's tech updates!

    ...more
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