Peter Thiel's Founder’s Fund has successfully raised a new $4.6 billion growth fund, surpassing its previous $3.4 billion fund from 2022. The increase indicates a shift in the venture market from bear to bull, attracting 270 limited partners eager to invest. This fund not only focuses on AI startups but also emphasizes defense technology, with a notable portfolio including Anduril and SpaceX. The substantial backing from general partners highlights the firm’s robust standing in the industry. Founder’s Fund continues to lead in both AI and defense sectors as venture capital interest rises.