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Jon Keegan

Anduril building $1 billion factory to churn out autonomous weapons and vehicles

Autonomous-weapons systems startup Anduril announced plans to build a $1 billion “hyperscale” factory in Columbus, Ohio. Named “Arsenal-1,” the sprawling 5 million-square-foot, airport-adjacent factory complex will be optimized for “the mass production of autonomous systems and weapons,” according to the company’s press release. The company said the factory is expected to create 4,000 jobs.

Anduril, founded by Palmer Luckey in 2017 after selling his Oculus VR startup to Facebook (Meta) in 2014, is a big player in the emerging group of “defense technology” companies currently pitching the US government on ways to bring AI to the battlefield. The startup is backed by Peter Thiel, and is currently valued at $14 billion.

Recently a wave of AI companies have leaned into defense. Palantir has partnered with AI startup Anthropic to include its AI models for national-security applications, and OpenAI and Meta have both started pitching their AI platforms for use in defense.

A group of tech companies including Anduril, Palantir, OpenAI, and SpaceX have partnered up in an effort to compete against legacy defense-industry giants Lockheed Martin, Boeing, and RTX.

Anduril, founded by Palmer Luckey in 2017 after selling his Oculus VR startup to Facebook (Meta) in 2014, is a big player in the emerging group of “defense technology” companies currently pitching the US government on ways to bring AI to the battlefield. The startup is backed by Peter Thiel, and is currently valued at $14 billion.

Recently a wave of AI companies have leaned into defense. Palantir has partnered with AI startup Anthropic to include its AI models for national-security applications, and OpenAI and Meta have both started pitching their AI platforms for use in defense.

A group of tech companies including Anduril, Palantir, OpenAI, and SpaceX have partnered up in an effort to compete against legacy defense-industry giants Lockheed Martin, Boeing, and RTX.

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Paramount+ wants to look a lot more like TikTok, leaked documents reveal

Larry Ellison’s Oracle just took a 15% stake in TikTok’s US arm. David Ellison’s Paramount streaming service could soon look a lot more like it.

According to leaked documents seen by Business Insider, Paramount+ is planning a big push into short-form, user-generated video in the vein of the addictive feeds of TikTok, Instagram Reels, and YouTube Shorts.

Per Business Insider, the documents reveal that short-form videos are a top priority for the streamer in the first quarter of 2026, and executives are working on adding a personalize feed of clips to the mobile app.

The move would follow similar mobile-centric plans from Disney, which earlier this month announced that it would bring vertical video to Disney+ this year, and Netflix, which during its earnings call said it would revamp its mobile app toward vertical video feeds and expand its short-form video features.

Streamers are increasingly competing for user attention with popular apps. YouTube is regularly the most popular streaming service by time spent.

Per Business Insider, the documents reveal that short-form videos are a top priority for the streamer in the first quarter of 2026, and executives are working on adding a personalize feed of clips to the mobile app.

The move would follow similar mobile-centric plans from Disney, which earlier this month announced that it would bring vertical video to Disney+ this year, and Netflix, which during its earnings call said it would revamp its mobile app toward vertical video feeds and expand its short-form video features.

Streamers are increasingly competing for user attention with popular apps. YouTube is regularly the most popular streaming service by time spent.

The Memorial Tournament presented by Workday - Previews

Starbucks’ CEO, Brian Niccol, made $30.9 million in 2025

That includes $997,392 in expenses related to his use of the company’s private jet.

Barnes & Noble Store

Bolstered bookseller Barnes & Noble is planning a major expansion and potential IPO

One of the hottest IPOs of the year could be a century-old bookstore that Amazon almost killed.

Nathan's Famous restaurant on Coney Island

Iconic hot dog brand Nathan’s Famous just sold for $450 million

Packaged meat company Smithfield Foods has agreed to acquire the historic Coney Island staple — best known for its annual hot dog eating contest — in an all-cash deal.

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