Browsing: TC

Palmer Luckey has been a California billionaire since he was 21 years old, when he sold his first company, virtual reality headset maker Oculus VR, to Facebook for $2 billion in 2014. His current company, defense tech firm Anduril, is headquartered in in Costa Mesa, California, not far from Long Beach, where Luckey grew up.…

Year-old startup Flapping Airplanes has wowed Silicon Valley with an impressive founding team and a mission to find ways to train large models with less data. On Wednesday, the company announced it had raised a $1 billion Series A round, co-led by Index and Lux, reportedly at a $6 billion valuation.