InnovationStartupsTechnology

Anduril’s EagleEye AR System Emerges from Eight-Year Development Journey, Says Founder

Anduril’s recently launched EagleEye augmented reality system for military applications has been in development since the company’s founding in 2017, according to founder Palmer Luckey. The defense technology startup collaborated with Meta, Qualcomm, and other industry leaders to bring the soldier-worn heads-up display from concept to reality.

Long-Term Vision Realized

Anduril’s recently unveiled EagleEye augmented reality system represents the culmination of an eight-year development journey that began with the defense technology startup’s founding in 2017, according to company cofounder Palmer Luckey. In an episode of the “TBPN” podcast released this week, Luckey revealed that the project has been central to Anduril’s mission since its inception, contrary to perceptions that the company recently pivoted into augmented reality technology.

SecuritySoftwareTechnology

Meta Expands Security Measures with Enhanced Fraud Detection and Passkey Support Across Apps

Meta is rolling out advanced scam detection features in WhatsApp and Messenger, including AI-powered chat analysis and screen-sharing warnings. The company is also implementing passkey support across multiple platforms to bolster user security against growing online threats.

Enhanced Fraud Protection Across Meta Platforms

Meta Platforms has begun deploying comprehensive new security features across its social media applications, according to reports from the company’s announcement. The enhanced protection measures target fraud, scams, and cybersecurity risks on Facebook, Instagram, Threads, WhatsApp, and Messenger, sources indicate.

AITechnology

Oracle Stock Drops Amid AI Cloud Infrastructure Capacity Concerns

Oracle Corporation experienced its steepest single-day decline in nearly nine months as analysts raised concerns about the company’s capacity to fulfill booming AI cloud demand. The drop occurred despite Oracle projecting $225 billion in annual revenue by fiscal 2030 during its recent analyst day presentation.

Oracle Shares Decline Following AI Infrastructure Capacity Questions

Oracle Corporation shares fell significantly Friday, reportedly marking the company’s steepest intraday decline since January 27, according to market analysis. The stock dropped as much as 8.2% despite the company having gained 88% year-to-date through Thursday’s close, sources indicate.

AITechnology

AMD Shares Projected for Significant Growth Following New AI Hardware Platform Reveal

Advanced Micro Devices shares could see substantial gains according to recent financial analysis. The optimism stems from the company’s newly showcased Helios AI hardware platform and strengthened competitive position. Industry analysts suggest the semiconductor maker is well-positioned for continued market share growth.

Financial Institution Boosts AMD Outlook on AI Platform Progress

Bank of America has significantly increased its price target for Advanced Micro Devices shares, according to recent reports from financial analysts. The institution reportedly raised its price objective to $300 from $250 while maintaining its buy rating on the semiconductor stock. This revised forecast suggests potential upside of nearly 28% from the company’s recent closing price, analysts suggest.