CEO of Palantir Technologies Alex Karp attends the Pennsylvania Energy and Innovation Summit, at Carnegie Mellon University in Pittsburgh, Pennsylvania, U.S., July 15, 2025. Nathan Howard | Reuters President Donald Trump lauded Palantir in a post to Truth Social on Friday as the artificial intelligence software stock plunged 14% for its worst week in a…
Warfare is undergoing a fundamental shift where tech with big price tags is being challenged by a more agile, decentralized model, spearheaded by Silicon Valley-backed start-ups, industry watchers told CNBC. The traditional defense model — notorious for development cycles that can span decades — is coming under increasing pressure. Companies are instead betting on a…
New York Times columnist Andrew Ross Sorkin and CEO and co-founder of Anthropic Dario Amodei speak onstage during the 2025 New York Times Dealbook Summit at Jazz at Lincoln Center in New York, Dec. 3, 2025. Michael M. Santiago | Getty Images A federal appeals court in Washington, D.C., on Wednesday denied Anthropic’s request to…
President Donald Trump’s $1.5 trillion Pentagon budget request for the upcoming fiscal year represents the biggest increase in generations and seeks to transform the industry, according to analysts at JPMorgan. While Congress is unlikely to fund everything the administration wants, the proposal still signals where Trump’s priorities are as the budget process begins. “A global…
Significant sections of the B1 Bridge are seen destroyed after an airstrike attributed to the United States and Israel targeted the site near Tehran, in Karaj, Iran, on April 03, 2026. Anadolu | Anadolu | Getty Images U.S. President Donald Trump threatened to destroy Iran’s bridges and power plants, saying the “New Regime leadership knows…
European defense tech startups are ramping up commercial discussions with Middle East governments since the Iran war, company execs told CNBC. Another CEO said interest from Gulf states was “skyrocketing” as they race to bolster measures to counter drone and missile attacks. Iran has targeted its neighbors since a joint U.S.-Israeli military operation began at…
Guvendemir | E+ | Getty Images The Iran war is redefining modern combat for the U.S. and driving demand for lower-cost tech. It’s the exact situation Defense Secretary Pete Hegseth warned against a few months ago. “We cannot afford to shoot down cheap drones with $2 million missiles,” Hegseth said in December. “And we ourselves…
Global conflicts are awakening governments—and investors—to the importance of modernizing military forces, says Brandon Tseng, the cofounder and president of ShieldAI, a maker of AI-powered drones that announced Thursday that it had raised $1.5 billion in Series G funding at a $12.7 billion valuation. The new funding more than doubles the valuation of the San…
CEO and co-founder of Anthropic Dario Amodei speak onstage during the 2025 New York Times Dealbook Summit at Jazz at Lincoln Center on December 03, 2025 in New York City. Michael M. Santiago | Getty Images A federal judge in San Francisco granted Anthropic’s request for a preliminary injunction in its lawsuit against the Trump…
The screen of a GPS attached to the dashboard of a vehicle as residents of Dubai face GPS disruptions on March 9, 2026, in Dubai. The United Arab Emirates decried that it was being targeted “in a very unwarranted manner” in the war, stressing it would “not partake in any attacks against Iran”, which has…