🟢 Defense tech investments hit record highs in 2024
From $145M for Chaos Industries to Anduril’s $1.5B mega-round, venture capital in defense tech has soared past $3B this year, breaking all records. With rising global tensions and a predicted defense budget increase under the new U.S. administration, VCs are diving deeper into tech like AI-driven weapons and autonomous systems. If we're being honest, this feels more like the latest gold rush.
🟢 Defense tech investments hit record highs in 2024
From $145M for Chaos Industries to Anduril’s $1.5B mega-round, venture capital in defense tech has soared past $3B this year, breaking all records. With rising global tensions and a predicted defense budget increase under the new U.S. administration, VCs are diving deeper into tech like AI-driven weapons and autonomous systems. If we're being honest, this feels more like the latest gold rush.
Artem Kliuchnikov and his family fled Ukraine just days before the Russian invasion. Telegram was founded in 2013 by two Russian brothers, Nikolai and Pavel Durov. Crude oil prices edged higher after tumbling on Thursday, when U.S. West Texas intermediate slid back below $110 per barrel after topping as much as $130 a barrel in recent sessions. Still, gas prices at the pump rose to fresh highs. The last couple days have exemplified that uncertainty. On Thursday, news emerged that talks in Turkey between the Russia and Ukraine yielded no positive result. But on Friday, Reuters reported that Russian President Vladimir Putin said there had been some “positive shifts” in talks between the two sides. "Markets were cheering this economic recovery and return to strong economic growth, but the cheers will turn to tears if the inflation outbreak pushes businesses and consumers to the brink of recession," he added.
from tw