Chamath Launches $250 Million SPAC Focused on AI, DeFi, and US-Led Tech

Tech investor Chamath Palihapitiya has filed a new $250 million Special Purpose Acquisition Company (SPAC) named ‘American Exceptionalism’ to invest in the future of U.S.-led innovation across several key sectors. The SPAC will target investments in AI, DeFi, energy, and defense, aiming to support companies pushing forward with these technologies, especially within the context of national progress and global competitiveness. ]