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ModRetro, the vintage gaming startup by Palmer Luckey, is in talks to raise funding at a $1 billion valuation, according to the Financial Times. The company launched its first product, a Game Boy-style handheld device called the Chromatic, in 2024. The Verge’s Sean Hollister said it “might be the best version of the Game Boy…
Palmer Luckey’s gaming company just dropped the M64, and honestly, I’m torn about the whole thing. The guy’s built actual VR headsets that changed gaming, sure, but he’s also neck-deep in military contracting through Anduril, which makes autonomous drones and surveillance tech for the Department of Defense. So when he teases a translucent purple Nintendo…