Defense-tech startup Anduril has signed a term sheet to raise up to $2.5 billion at a valuation of $28 billion, according to sources close to the company. The company was valued at $14 billion in ...

By Erin Griffith and Cade Metz Reporting from San Francisco Anduril, an artificial intelligence military start-up, is set to complete a new round of funding that would double the value of the ...