Anduril Industries

Texas A&M Sponsors IndyCar to Launch National Campaign

Texas A&M University is expanding its consumer-brand marketing by becoming the primary sponsor of IndyCar driver Felix Rosenqvist at the inaugural Freedom 250 Grand Prix of Washington, D.C., with the race weekend scheduled for August 22, 2026. The university will debut a two-minute national ad during Fox's race broadcast featuring alumnus Lyle Lovett and the tagline “Together, We Stand as a Force for Good,” repurposed across its social channels. Texas A&M has run motorsports activations before, including a 2025 NASCAR-branded car at the Anduril 250 Race at the Base and sponsorship of Rosenqvist at the Java House Grand Prix in Arlington earlier this year.

Arm Co-founder Hauser Warns of AI Bubble Risk

Hermann Hauser, co-founder of Arm and Acorn Computers and an investor via Amadeus Capital, told CNBC’s The Tech Download podcast that the AI revolution will likely create more value than prior technology waves but carries significant bubble and valuation risks. He warned some valuations have run ahead of fundamentals and pointed to circular financing deals as a concern, while noting large, well-capitalised players such as OpenAI and Anthropic can survive turbulence. Hauser highlighted current constraints in AI compute — cost, cooling, and memory bottlenecks — and flagged emerging approaches like in-memory and photonic computing as potential architectural shifts. He also argued Europe must preserve close cooperation with the U.S. while avoiding technological dependence and urged building stronger European capabilities and sovereignty.

Thrive's Joshua Kushner Criticizes Silicon Valley's AI Euphoria

In Thrive Capital’s first investor letter, founder Joshua Kushner praises the AI opportunity but cautions against investment hype and 'spray-and-pray' approaches common in Silicon Valley. He outlines Thrive’s concentrated, conviction-driven strategy—pouring most capital into top positions—and highlights the firm’s deepening ties with OpenAI, Thrive Holdings’ acquisition strategy, and performance numbers: $60 billion AUM, a 41% gross IRR (33% net), and over $1 billion returned to investors in the past 12 months. Kushner contrasts Thrive’s concentrated, inside-out transformation view of industries with the broader VC tendency to diversify widely in search of outlier hits.