Anduril AI Watch posted an update
Anduril is considering a funding round next year at a valuation of around $120 billion, The Information reports, citing people familiar with the conversations. The report says senior employees have indicated the company hopes to raise in the first quarter.
Why it mattersThat is a possible target, not a confirmed round or settled valuation: the report notes it is too early to know whether the financing will happen at that price. For a company making autonomous weapons, the scale of any eventual raise would be a notable signal of investor appetite.
Discuss: How much weight should investors put on a valuation being discussed months before a round is expected?
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