Dogs, dollars, agents
Warhound raises $200M for engineered war dogs, OpenAI nears a $1.25 trillion valuation, and AI agents help hackers and password managers alike.
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Warhound raises $200M to genetically engineer dogs for the military and law enforcement, a startup conceived by Anduril's Palmer Luckey and Colossal Biosciences co-founder Ben Lamm. The dogs will carry body armor and Anduril's military technology, in a plan that has now come out of stealth with funding.
Why it matters Defense tech money is now flowing into biotech, extending military procurement from hardware and software into engineered animals.
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OpenAI nears $30B round at a $1.25 trillion valuation, led by UAE investors, as it finalizes talks. The round is meant as a bridge to a 2027 IPO and would make OpenAI the most highly valued private company ever, in record-setting fashion.
Why it matters A raise at this scale shows how much private capital the leading AI labs still need before they can reach public markets.
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Markets · Thu, Oct 22 US stocks closed sharply lower as AI angst returned, with the Nasdaq and S&P 500 falling while the Dow ended flat.
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