Anduril Industries Valued at $30.5 Billion After $2.5 Billion Fundraising Round

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Defense tech startup Anduril Industries has more than doubled its valuation to $30.5 billion in a fresh funding round where it raised $2.5 billion, the company announced Thursday. This latest capital injection follows last year’s raise of $1.5 billion, which valued the company at $14 billion.

The new funding round was led by Peter Thiel’s Founders Fund, which contributed $1 billion. Other existing investors also increased their stakes as part of the Series G financing.

Founded in 2017 by Palmer Luckey, Anduril specializes in autonomous defense technologies such as sensors and drones. The company has risen rapidly amid growing demand for affordable, automated defense solutions.

Anduril recently formed a strategic partnership with Palantir Technologies to create a consortium aiming to jointly pursue government contracts, aligned with Pentagon efforts to reduce defense spending.

Founders Fund has been a key backer since Anduril’s inception, with co-founder Trae Stephens also serving as a partner at the investment firm.

CD Projekt Launches Cyberpunk 2077: Ultimate Edition on Nintendo Switch 2

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Poland’s leading game developer CD Projekt announced the release of Cyberpunk 2077: Ultimate Edition on Nintendo’s new Switch 2 console, marking the first time the game is available to Nintendo players. The launch comes amid a growing industry trend of relying on back catalogue sales as new game releases face increasing delays.

Since the Phantom Liberty expansion launched in September 2023, CD Projekt has focused more on leveraging its existing game portfolio to drive revenue. Analysts expect the Nintendo Switch 2 launch to significantly boost the company’s financial results in the second quarter and beyond.

Erste Group’s analyst Krzysztof Tkocz highlighted that this release “will have a significant impact on the company’s results in second quarter and subsequent quarters.” Similarly, Trigon DM analyst Grzegorz Balcerski noted the game could become “one of the most popular third-party titles” for the new console’s debut.

Gaming enthusiasts showed strong interest as Nintendo’s Switch 2 launched on Thursday, eager for the next-generation console’s more powerful capabilities. CD Projekt priced Cyberpunk 2077: Ultimate Edition at $69.99 for the Switch 2.

Apple Expands Partnership with Tata to Handle iPhone and MacBook Repairs in India

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Apple has deepened its collaboration with India’s Tata Group by handing over the repair business for iPhones and MacBook devices to Tata, two sources familiar with the matter revealed. This move underscores Tata’s expanding role in Apple’s supply chain as the U.S. tech giant shifts more manufacturing and operations beyond China.

Tata, which already assembles iPhones and components at three facilities in South India, will take over after-sales repairs from an Indian unit of Taiwan-based Wistron, called ICT Service Management Solutions. The repairs will be conducted at Tata’s Karnataka campus, where it also handles iPhone assembly.

The repair market in India is growing rapidly alongside soaring iPhone sales. Counterpoint Research estimates about 11 million iPhones were sold in India last year, boosting Apple’s market share there from 1% in 2020 to 7% in 2024.

Industry experts suggest this increased trust in Tata could pave the way for Apple to sell refurbished devices directly in India, similar to its practice in the United States.

Currently, Apple’s official service centers in India handle basic repairs, but complex fixes will be routed to Tata’s facility. Wistron’s ICT unit will continue servicing other clients but will no longer handle Apple’s repairs.

India’s rising importance in Apple’s global supply chain is also highlighted by CEO Tim Cook’s recent statement that most iPhones sold in the U.S. during the June quarter will be made in Indian factories. This shift comes amid growing concerns over tariffs and supply chain diversification away from China.

Neither Apple, Tata, nor Wistron responded to requests for comment.