Industries

• Anduril Industries announced a $5 billion Series H funding round, doubling its valuation to $61 billion just one year after its previous multibillion-dollar raise. • The late-stage funding was jointly led by Thrive Capital and Andreessen Horowitz, demonstrating strong investor confidence in the defense and autonomous systems company. • The massive valuation increase reflects growing demand for advanced defense technology and autonomous systems in the current geopolitical environment.

• Netherlands-based eyeo, a computer vision startup, secured €40 million in Series A funding led by Innovation Industries, bringing total funding to €55 million. • The round included existing investors imec.xpand, Invest-NL Deep Tech Fund, QBIC fund, High-Tech Gründerfonds, and Brabant Development Agency. • Funds will support eyeo's first full in-house chip design team for nanophotonic chips that split light instead of filtering it, recovering 70% of light discarded by current image sensors.

French musician’s comments are in stark contrast to fears expressed by artists such as Elton John and Dua LipaJean-Michel Jarre has attacked the conservatism of the music and film industries over AI and urged them to embrace the technology instead of being fearful and “very anti-AI”.Jarre, one of the pioneers of electronic music in the 1970s, said while the existing creative industries were “freaking out” over the technology, artists would use AI “to create the cinema of tomorrow, the hip-hop of tomorrow, the techno of tomorrow, the rock’n’roll of tomorrow”. Continue reading...