Spac Bets from Palihapitiya on strategic technology and national security star-news.press/wp

A new plumb He has presented To get $ 250 million from the American Investmentalical Corp. A. According to S-1 provided to SEC, Blank-Check will target one company operating in one of the four high-influential sectors: artificial intelligence, decentralized financing (Defi), defense, or energy.

It targets the new Spac for Chamath Palihapitiya AI, Defi, Defeense and Energy

In a S-1 registration statement, SPAC determines a task for our support Global leadership by investing in what you call the “strategic sectors for the twenty -first century”. It seeks to identify and integrate businesses that can form the future of technology, security and infrastructure, providing them with an alternative path to public markets without the traditional public subscription process.

energy It occupies the lead center in the strategy, where the company refers to support for solar metal supply chains and developmentable thermal energy. The former Palmetto – a solar energy platform – refers to a strong belief in the sector.

Artificial Intelligence (AI) The second column is. The Palihapitiya experience in artificial intelligence greatly extends to its early support for GROQ, and the financing of 8090 – a software company that uses Amnesty International to update the programs of old institutions – increases the burning of its adopting data in space.

Decentralized financing (Defi) It is another major goal. Spac Defi is considered as an evolution of traditional financing and indicates the emergence of coded original companies such as Circle as evidence of their promise to revolutionize global payments and transparency.

Defense It roams priority, as the company refers to the increasing application of independent systems and Amnesty International in the modern war. Previous investment included Saildrone, uninhabited surface producer (USVS), a combination of defensive technology and climate.

Why do it matter

Chamath Palihapitiya has a successful date of the launch of a successful Spacs, including those that brought Virgin Galactic, OpenDoor and Clover Health. This new SPAC combines the aggressive sector, which with the national strategic importance – is likely to provide a unique way to expand the scope of startups in the field of technology with the compatibility of the broader geopolitical and economic interests.

In a recent comment, Palihapitiya has noticed unequal results in traditional exit scenarios – indicating how Circle has missed $ 3 billion despite the high market value of CRC.

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