Anduril Chairman Trae Stephens told Bloomberg that the defense tech company has raised $2.5 billion at a $30.5 billion valuation. Stephens is also a partner at Founders Fund, which contributed $1 ...

Containerized Edge data center company Armada has raised $131 million from investors and launched a new megawatt-scale ...

Read more from Trae Stephens at TechCrunchPrior to Palantir, Trae worked as a computational linguist building enterprise solutions to Arabic/Persian name matching and data enrichment within the ...

Image source: Getty Images. Anduril's big news Anduril Chairman Trae Stephens told Bloomberg his company aims to "scale into the largest problems for the national security community." Of ...

Anduril Industries in Costa Mesa has closed a new funding round of $2.5 billion, a deal that more than doubles the defense startup’s valuation to $30.5 billion, Executive Chairman Trae Stephens ...

W hen Trae Stephens got a call from Peter Thiel in 2013, he didn’t know what to think. Thiel, the controversial tech billionaire and cofounder of defense and analytics giant Palantir, was ...

InnovationRx is your weekly digest of healthcare news. To get it in your inbox, subscribe here. Summit Therapeutics CEO Robert "Bob" Duggan. From Left: Venture capital investors Trae Stephens ...