Excited to announce that American Advanced Materials @aamhq has raised a $12.5M seed round to manufacture the building blocks for AI, energy, and defense. The round was led by @amityventures, with participation by @antifund, @humancapital, and others. @Bloomberg coverage in the comments. Nuclear fuel, aircraft, semiconductors. My co-founder Diego Represas and I founded AAM because our most important strategic interests are growing exponentially but rely on advanced materials we no longer make. For many of them, it's been years or decades since we last made them and we now find ourselves depending on fragile and capacity-constrained supply chains. It's a widening demand vs. supply imbalance that needs a technology-first solution. Project one is bringing back titanium sponge production, at scale. US demand is set to double over the next two years and there simply is no way that supply can meet demand. AAM is using a vertically-integrated approach to enable globally-competitive pricing and quality. That way, US and allied aerospace & defense can have a scalable, secure, and economic alternative for meeting their own growth goals. The bottleneck for many advanced materials is not upstream mining. It's the midstream chemical and metallurgical processing that turns US- and allied-sourced minerals into high performance inputs for industry. That muscle has left the country after decades of atrophy. At AAM, the factory is the product by combining decades of process knowledge with modern engineering, AI, and robotics automation. We're most proud of the team we have assembled to date: ranging from America's top industry experts who built the world's largest & most advanced titanium and zirconium plants to former Tesla leaders with a track record of building unprecedented chemical infrastructure projects. We're looking for exceptional engineers, capital projects leaders, and operators. If that sounds like you, reach out to me directly at alex@americanadvanced.com

EXCLUSIVE: In less than 12 hours, a group of ex-DOGE cyber researchers were able to penetrate Anthropic’s systems using AI agents — including Slack channels where the most sensitive models are discussed. This is just weeks after Anthropic whistleblower Joseph Coxon charged the company w/launching “a hubristic gamble” from a “private company’s Slack.” Read our story here (gift link):