Between 2022 and 2023,” Professor Schwarz reported, U.S. federal contracts for military AI “nearly tripled, with a potential increase in the value of these contracts by 1,200 percent.”

According to J.P. Morgan, VC investment in military and aerospace companies amounted to $48 billion in 2024, and “Through the first half of 2025, venture investments into U.S.-based defense tech startups totaledroughly $38 billion and could very well exceed the 2021 peak ($55 billion) should the pace of investing remain constant through the end of the year.”

Profiting From Israel’s Genocide Many of the largest VCs that are funding cutting edge AI weapons development for the Pentagon — such as Founders Fund, Andreessen Horowitz, Lux Capital, General Catalyst, Hercules Capital, Shield Capital, and Sequoia Capital — are also investing in Israeli high-tech firms, thus profiting from Israel’s genocide in Gaza.

These investments are being made in spite of pleas by Francesca Albanese, UN special rapporteur on the situation in the occupied Palestinian territories, that all governments and corporations “completely abstain from, or end, their relationship with this [Israeli] economy of the occupation, especially as it has transformed into an economy of genocide.”

  • Archon_Warslut@lemmy.world
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    1 day ago

    however, thats true across the entire u.s. market. you’re confusing things. it’s not at all spectacular that they spent this much ^ on AI. its happening in every business. its actually the mag 7 (the regular biggest u.s. companies- facebook/meta, tesla, apple, google, microsoft, nvidia, amazon) who spent the most on it, (ai stuff), by far. palantir could be considered a close 8th or 9th. anyway, the funny thing about it is, most people in the stock market and in the know are worried that the whole thing, and i mean the whole thing is overspending, and that there might be a sort of whiplash if they cant fulfill their projections (spending is mostly just on capacity- spending for more huge data centers, just thinking that ai use will multiply and multiply) . anyway- if its anything though like the last thing you could compare this to, which is when good internet infrastructure was first being laid down, fiber optic & stuff, in one of the earlier internet spending rushes- it was overbuilt at first, but then, everyone did find a use for it and it makes up the basic backbone we still use today.

    • Basic Glitch@sh.itjust.worksOP
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      1 day ago

      It’s being spent on Military AI not just AI

      And it’s not just going into Palantir it’s going into every Palantir wannabe startup, and they’re making claims to advertise their product that sound like some jackass at DHS is responsible for making up bullshit tailored to the individual startup

      And who even knows maybe laying all the groundwork and data centers only for AI to tank in the majority of fortune 500 companies that tried it was always the plan so that you have an easy excuse to pivot fully into militarized police tech and surveillance everywhere you have these data centers.

      • Archon_Warslut@lemmy.world
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        19 hours ago

        well i certainly share your concern about military ai and i combine it with my concern about the republicans being nutjob slutbags in charge of it for the moment. also you have how the palantir ceo is a raging religious nutcase who once called greta thunberg the antichrist.

        i think its also sort of unclear what theyre actually using it for though or whether its given them some new ability. i think the real ability it gives people is the ability to program assassin robots basically, that just go and hunt down whoever you sic’d it on.

        i think the only defense against it is not to prepare to defend against the robots, but to get this administration out and then reform the whole thing. this administration is too distrustworthy and theyve given the whole thing to the billionaires. thats what worries me. theyre all exactly the type, from the top on down, who would just love taking over and crushing the poor. trump must come out; the types like trump, musk, peter thiel, we gotta deal with all this up front. draw a line somewhere. trumps used too many lies, and too many people supported it. its not a situation i can trust with killer robots on top of that.

        are you american and are you are trying to help remove trump? it looks like hes already trying to cheat the midterms however he can think up. i dont know what to do about it but im certainly trying to network and spread enthusiasm.