logo
Anduril founder Palmer Luckey wants to make computers American again

Anduril founder Palmer Luckey wants to make computers American again

Palmer Luckey teased the idea of Auduril manufacturing American-made computers.
Luckey joined the Reindustrialize Summit in Detroit virtually.
The Anduril founder also emphasized the importance of working with partners to build tools.
"This is one of those things where I started talking to companies years ago about this," Luckey said. "I think there's a chance that it's going to be Anduril."
Luckey added that Anduril has held conversations with "everyone you would need to have to do that," including people "on the chip side, on the assembly side, on the manufacturing side."
Anduril doesn't yet make computers, and Luckey isn't completely sold on the effort. He told the crowd: "There are some things Anduril has to do," he said. "There are other things we'd rather have other people do. This is something I'd rather have other people do."
American-made computers aren't a novel concept. PC-maker Dell had several manufacturing plants throughout the US, but in 2009, it closed its North Carolina plant and announced a change to its international manufacturing partner, moving from Ireland to Poland.
Luckey, who addressed the crowd virtually and with a humanoid robot from Foundation, also added that Anduril will not build its own humanoid robot: "We're going to partner with other companies where it makes sense," he said.
Anduril, which was cofounded by Luckey in 2017, makes hardware for the US military, including drones and underwater submersibles, and an AI-powered software platform, Lattice. The company is also working on extended reality headsets and other wearables for the military in a partnership with Meta, which the companies announced in May.
Luckey declined to share what he would name the computer if he were to make it, but hinted that "it's pro-American, and also a gambling reference, but I'll leave it at that."
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Trump announces U.S. deal with European Union to impose 15% tariff
Trump announces U.S. deal with European Union to impose 15% tariff

UPI

time26 minutes ago

  • UPI

Trump announces U.S. deal with European Union to impose 15% tariff

U.S. President Donald Trump waves to the media while playing golf at Turnberry Golf Club in Scotland on Sunday. He later met with European Commission President Ursula von der Leyen. Photo by Hugo Philpott/UPI | License Photo July 27 (UPI) -- President Donald Trump on Sunday announced 15% tariffs on most foreign goods from the European Union, down from the threatened 30%, as part of a trade agreement with the 27-nation bloc. Trump announced the deal at his Turnberry Isle Country Club in Scotland after his public session with European Commission President von der Leyen. Trump said the European Union won't impose new tariffs on U.S. imports. During the meeting with the media, both leaders said the chance of a deal was 50-50. "You are known as a tough negotiator and dealmaker," von der Leyen told Trump, with reporters on hand. Leyen said the agreement "will bring stability. It will bring predictability. That's very important for our businesses on both sides of the Atlantic." Trump said the deal was "satisfactory to both sides." The European Union is the largest U.S. trading partner with $605 billion in goods yearly. The products are mainly drugs and pharmaceuticals, primarily from Ireland, as well as aircraft and heavy machinery, mainly from France and Germany. The 50% tariffs on steel, like most other nations, would remain and more duties could happen for pharmaceutical products, as well as semiconductors. Trump has also threatened a 200% tariffs on any drugs imported to the U.S. Trump said the deal would be "great for cars" and agriculture. Trump has previously noted that few American cars are sold in Europe. On April 2, he said he would impose a 20% duty against the EU, with most trading nations imposed a baseline 10%. He paused the retaliatory tariffs on April 9 for 90 days. In a letter to EU nations on July 12, the U.S. president threatened 30% retaliatory tariffs to take effect on Aug. 1. "Imposing 30% tariffs on E.U. exports would disrupt essential transatlantic supply chains, to the detriment of businesses, consumers and patients on both sides of the Atlantic," von der Leyen said after Trump's letter. Letters to other nations have threatened tariffs as high as 50%, including to Brazil. The Trump administration has been negotiating with other nations, including reaching deals with China (30%), Japan (15%), Indonesia (19%) and Vietnam (20%). Britain, which is not part of the European Union, has a reduction in some tariffs of 10% on up to 100,000 vehicles and 25% on steel and aluminum. Last year, the average U.S. tariffs on imports from the EU was 1.2%, according to Capital Economics' chief Europe economist. The deal with the European Union is part of a broader trade agreement. EU had a $58.7 billion overall trade surplus with the U.S. in 2024. For goods, it was $168.6 billion but the deficit was $126 billion in services trade. "The European Union is going to agree to purchase from the United States $750 billion worth of energy," Trump said. The E.U. would also invest $600 billion into the United States. In 2024, the bloc bought nearly $400 billion in goods. Michael Brown, a senior research strategist at British-based Pepperstone brokerage, told The New York Times that U.S. defense companies likely will emerge as winners from the deal.

Prediction: This Unstoppable Artificial Intelligence (AI) Stock Will Join Nvidia, Microsoft, Apple, Amazon, and Alphabet in the $2 Trillion Club by Year's End
Prediction: This Unstoppable Artificial Intelligence (AI) Stock Will Join Nvidia, Microsoft, Apple, Amazon, and Alphabet in the $2 Trillion Club by Year's End

Yahoo

timean hour ago

  • Yahoo

Prediction: This Unstoppable Artificial Intelligence (AI) Stock Will Join Nvidia, Microsoft, Apple, Amazon, and Alphabet in the $2 Trillion Club by Year's End

Key Points The $2 trillion club is full of businesses benefitting from the growing demand for artificial intelligence. The company I'm eyeing is developing its own AI capabilities that serve multiple cases across its business with huge revenue opportunities. The stock trades for a fair value, and even slight outperformance could push it into $2 trillion territory. 10 stocks we like better than Meta Platforms › Nvidia recently became the first ever $4 trillion company in the world. Its rapid ascension in value stems from growing demand for artificial intelligence. But Nvidia isn't the only company that's seen its market value soar to multitrillion-dollar levels on the back of AI-fueled growth. The three biggest cloud computing providers -- Amazon, Microsoft, and Alphabet -- all boast market caps above $2 trillion. Meanwhile, Apple remains one of the most valuable companies in the world as it works to catch up on its AI capabilities. But the $2 trillion club may be about to get a little bigger. One company is showing strong financial results stemming from the rapid advancements of artificial intelligence over the last few years. In fact, I predict it will surpass the $2 trillion market cap milestone before the end of the year. Here's the AI giant that could join the $2 trillion club. One of the biggest beneficiaries of generative AI capabilities I predict that the next member of the $2 trillion club will be Meta Platforms (NASDAQ: META). Not only does it already have a market cap of roughly $1.8 trillion as of this writing on July 24 -- which puts it about 11% from $2 trillion -- but the stock currently looks undervalued relative to the potential opportunities. AI could boost its revenue in the near term while opening up even bigger opportunities in the long run. During Meta's first-quarter earnings call on April 30, CEO Mark Zuckerberg laid out five major opportunities for the company with AI. Improved advertising: Meta has long used machine learning algorithms to help surface advertisements amid organic content to drive maximum engagement. That's led to steady improvements in ad pricing for the company. It's also rolled out generative AI tools that help marketers come up with creatives (ads). In the pipeline, Meta's developing an AI agent that can take a marketer's objective and budget and create and run the entire campaign for them. That has the potential to save marketers money and increase the total number of companies running ads on Meta's properties, further pushing ad prices higher. More engaging experiences: Zuckerberg details two benefits of AI: better recommendations and new types of content. Meta has expanded its AI model to include more data points across all different types of content to improve recommendations across every surface of its apps, including Facebook, Instagram, and WhatsApp. As it grows the model bigger and bigger, it's getting better and better at engaging users. That's only possible because it now has the compute power to support its large language model development. Zuckerberg also expects generative AI tools to provide new ways for creators to produce better content for users. Everything from existing content like photos and videos can be manipulated with AI, and generative AI could enable creators to produce more interactive content as well. Business messaging: Meta's WhatsApp for Business is a relatively small source of income right now. But as Meta improves its AI agent capabilities, it reduces the cost for businesses to provide customer service and sales through WhatsApp and Messenger. That could lead to a surge in WhatsApp for Business users. One analyst thinks AI agents alone are a $100 billion opportunity for Meta. A stand-alone AI chatbot: Meta has integrated the Meta AI assistant into all of its main apps and released a stand-alone version of the app as well. As the user base grows, it could provide another source of valuable advertising inventory. Importantly, since Meta is developing its own large language model for the above applications already, the additional cost of building and running a stand-alone AI chatbot is far lower than for dedicated AI companies like OpenAI or Anthropic. Devices: Zuckerberg points out the growing popularity of Meta's AI glasses. Unit sales tripled in the first quarter. Longer term, generative AI may be essential for creating an augmented reality user interface that fits into the unique setting of each user. Indeed, AI has the potential to dramatically impact Meta's financials in a positive direction in the near term while supporting its long-term objectives in virtual and augmented reality. The stock looks like a bargain right now The above factors should be able to generate strong double-digit revenue growth for Meta for years to come. The company saw 16% revenue growth last quarter, while exhibiting nice operating leverage. As a result, operating income climbed 27% year over year. The big step up in capital expenditures could weigh on earnings growth for the next couple of years as depreciation expense climbs as a result. But as the company grows into those expenses, it should continue to show operating leverage. Meta's also using excess cash flow to repurchase shares. It bought back $13.4 billion worth of its stock in the first quarter, and it still has $70 billion in cash on the balance sheet. As a result, the company should be able to generate strong earnings-per-share growth. As of this writing, the stock trades for 28 times earnings. Considering the growth potential ahead for the stock, that's an enticing price for investors. To push the stock to $2 trillion, it would have to trade for closer to 31 times earnings, which isn't an unreasonable multiple for the stock. But if Meta ends up outperforming expectations, it could trade for the same multiple and still achieve a $2 trillion valuation. I expect a combination of multiple expansion and outperformance to drive the stock to $2 trillion before the end of the year. Should you buy stock in Meta Platforms right now? Before you buy stock in Meta Platforms, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Meta Platforms wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $636,628!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,063,471!* Now, it's worth noting Stock Advisor's total average return is 1,041% — a market-crushing outperformance compared to 183% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Adam Levy has positions in Alphabet, Amazon, Apple, Meta Platforms, and Microsoft. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Meta Platforms, Microsoft, and Nvidia. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. Prediction: This Unstoppable Artificial Intelligence (AI) Stock Will Join Nvidia, Microsoft, Apple, Amazon, and Alphabet in the $2 Trillion Club by Year's End was originally published by The Motley Fool Sign in to access your portfolio

Sam Altman Warns Of 'Impending Fraud Crisis' As Banks Still Use Voiceprints For Big Transactions: 'A Thing That Terrifies Me Is...'
Sam Altman Warns Of 'Impending Fraud Crisis' As Banks Still Use Voiceprints For Big Transactions: 'A Thing That Terrifies Me Is...'

Yahoo

timean hour ago

  • Yahoo

Sam Altman Warns Of 'Impending Fraud Crisis' As Banks Still Use Voiceprints For Big Transactions: 'A Thing That Terrifies Me Is...'

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Sam Altman, the CEO of OpenAI, expressed concerns about the potential threats artificial intelligence (AI) poses to financial security, urging them to stay ahead of the technology. What Happened: During a recent event hosted by the Federal Reserve in Washington, D.C., Altman cautioned financial leaders about the dangers of AI outsmarting current authentication methods. He specifically highlighted the use of voice prints for high-value transactions. 'A thing that terrifies me is apparently there are still some financial institutions that will accept a voice print as authentication for you to move a lot of money or do something else,' Altman told Fed's Michelle Bowman. Trending: 7,000+ investors have joined Timeplast's mission to eliminate microplastics—'That is a crazy thing to still be doing. AI has fully defeated most of the ways that people authenticate currently — other than passwords,' he added. He also warned of a 'significant impending fraud crisis' due to AI, and stressed the need for a change in the way customer interactions and verifications are handled. Sam Altman warns that as AI-generated content becomes indistinguishable from reality, like hyper-realistic video calls—people will need to change how they interact and verify identities. He emphasizes the urgency of teaching society how to authenticate communications and understand the risks of fraud in this new digital landscape. Altman's concerns extend beyond customer authentication. During the Q&A session, he also highlighted the potential threat of a large-scale financial attack, possibly orchestrated by a foreign adversary using advanced AI to breach U.S. financial It Matters: The warning from Altman comes at a time when AI is increasingly being integrated into the financial sector, with companies like Wysh using AI to rebuild trust and emotional connections with customers. However, Altman's warning suggests that this reliance on AI could also pose significant risks. Altman's concerns echo those of other AI experts. AI pioneer Geoffrey Hinton warned of the potential dangers of super-intelligent AI, urging caution in the development and deployment of AI technologies. Meanwhile, AI safety researchers from OpenAI and Anthropic are openly criticizing Elon Musk's startup xAI, calling its safety practices "completely irresponsible" — a rebuke that could fuel regulatory scrutiny and impact enterprise adoption of the billion-dollar venture. As AI continues to advance, Altman's warning serves as a reminder of the need for careful consideration and regulation in its use, particularly in critical sectors like finance. Read Next: $100k+ in investable assets? Match with a fiduciary advisor for free to learn how you can maximize your retirement and save on taxes – no cost, no obligation. If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it? Image via Shutterstock This article Sam Altman Warns Of 'Impending Fraud Crisis' As Banks Still Use Voiceprints For Big Transactions: 'A Thing That Terrifies Me Is...' originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store