# Anduril Industries - The Generals Already Use Cursor

> Defense tech pulls in $38B in 6 months and Anduril hits $30.5B, challenging Lockheed. Plus: Eve becomes a legal AI unicorn and Cerebras raises $1.1B.

- Canonical: https://siliconvalleyconfidential.com/en/dossier/anduril-industries-the-generals-already-use-cursor/
- Site: Silicon Valley Confidential (https://siliconvalleyconfidential.com) — weekly executive intelligence on Silicon Valley and global tech
- Author: Jose Luis Cases (https://es.linkedin.com/in/jose-luis-cases-lozano)
- Language: en
- Published: 2025-10-04 (original LinkedIn edition: https://www.linkedin.com/pulse/anduril-industries-los-generales-ya-usan-cursor-jose-luis-cases-wa1pf/)

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THE BOMBSHELL OF THE WEEK
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Silicon Valley is undergoing a tectonic shift: defense tech startups have pulled in 38,000 million in the first half of 2025 alone.

Anduril Industries has reached a $30.5B valuation, positioning itself as the new "neoprime" directly challenging Lockheed Martin, Boeing, and Raytheon.

This is the most significant change in the US military supply chain in decades. Silicon Valley no longer just builds social apps - it's building America's arsenal of the future.

The velocity of capital flowing into defense tech exceeds any previous category in SV, including the 2021 crypto boom.

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POWER MOVES
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### 1\. Bill Ready (Pinterest CEO) → Visa Board

September 29, 2025: Pinterest's CEO was elected to Visa's board.

### 2\. Open Text names BlackBerry's CFO as EVP

Steve Rai → Executive Vice President (announced Oct 1, effective Oct 6)

Background: 30+ years in global finance, coming off a run as BlackBerry's CFO.

### 3\. Inuvo (AI Marketing) creates a COO role

Rob Buchner → Chief Operating Officer (September 30, newly created role)

Inuvo uses AI for digital marketing. Creating a COO = scaling operations fast.

### 4\. Revance (Biotech) strengthens its executive leadership

October 1, 2025:

*   Kira Schwartz → Chief Legal Officer (20+ years in pharma/biotech)
*   Nick Crowe → promoted to COO

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MONEY TALKS
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### Legal AI Unicorn: Eve ($103M Series B)

September 30, 2025:

*   $103M Series B
*   $1B+ valuation (unicorn status)
*   Led by Spark Capital
*   A16z, Lightspeed, Menlo followed

Real numbers:

*   350 new clients in 8 months
*   450+ top law firms total
*   Growth: explosive

### AI Infrastructure: Cerebras ($1.1B Series G)

September 30, 2025:

*   $1.1B Series G
*   $8.1B post-money valuation
*   Led by Fidelity & Atreides
*   Tiger Global participated

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### WHAT TO WATCH NEXT WEEK

### 1\. Oracle Europe Layoffs

"Potential losses looming in Europe" - watch for any WARN equivalent in the UK, Germany.

### 2\. Q4 Earnings: AI Revenue Reality Check

Big Tech reports soon. Pay attention to:

*   Cloud growth rates (the part that matters)
*   AI revenue statements vs. adoption metrics
*   CapEx guidance on AI infrastructure

### 3\. Defense Tech Contract Awards

With Anduril's momentum, watch for:

*   Department of Defense (DoD) contract announcements
*   Follow-on funding rounds
*   Executive migration: traditional defense → startups

MY TAKE
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The SV job market has split in two. Those who master AI find a job in 1-2 months; those who don't are entering the risk zone. I'm struck by the movement toward San Francisco as a symbolic base, given that hiring is global. My read is that "return to office" will apply only to the core team.

As for defense tech, it's impressive, but expected. It already surpasses what happened in crypto in 2021, with 38,000 million in 6 months (2025) — so this doesn't look like hype.

The generals already use Cursor.

I've been digging into it, and the velocity of capital flowing into defense tech exceeds any previous category in SV, including the 2021 crypto boom.

The Visa move makes me think Visa is betting that the payments of the future will be decided in consumer apps, not in banks.

As for the biotech reinforcing legal and operations simultaneously, it can only mean they're preparing for some regulatory approval or an acquisition.

Legal tech was one of the "AI-resistant" sectors. Not anymore.

If lawyers are adopting AI agents, every other sector is going to be screwed in short order.

Cerebras — I love Cerebras. I'm in conversations with them to see if they'll give me a trial package of millions of tokens for projects.

Let's see if it happens.

This company builds chips specifically for AI training, and if Fidelity is putting in $1.1B, they're betting Nvidia won't be the only winner.

And that's it — plus my "one more thing" :)

If you run a company, calculate what percentage of your team can be replaced by AI in 12-18 months and decide between re-skilling and replacement.

If you're an investor — or your name is Pablo — look at Defense Tech and Legal AI (Eve hit unicorn status at record speed) and hunt for the next winners.

If you're looking for a job, learn AI now and go to SV! The Bay Area is up to 76,000 professionals and growing; even with 19,000 layoffs in September, the right profiles get re-hired within weeks.

I'm still motivated, but I've noticed growth isn't what it should be. This week I cut some of the denser sections. If you have any ideas for improvement, leave them in the comments.

Thanks for reading

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