Don’t mention the war! (1/3) - how traditional defense firms, Big Tech and frontier newcomers alike are fighting to service the new AI military complex
Even at times of global macro-economic instability, there’s always money in the Defense sector. Last year alone global military expenditure climbed to a record $2.88 trillion, with the US accounting for the lion’s share of that - $954 billion compared to China’s $336 billion and Russia’s $190 billion.
That’s the estimate produced by the Stockholm International Peace Research Institute (SIPRI), an independent research institute dedicated to studying conflict, armaments, arms control, and disarmament, established in 1966 in Sweden.
At the same time, the Pentagon has put US military spending on AI at around $2 billion a year and set to climb, observes SIPRI:
The military AI industry is not only diverse but also fast-changing. Military AI is big business, and many (new and old) firms want a slice of the pie. Consequently, the industrial landscape has evolved significantly over the last few years. New commercial relationships are being...
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