Venture
from24/7 Wall St.
1 day agoWedbush's Ives: Palantir, Oracle, Microsoft to dominate defense AI integration
Defense AI spending is set to grow significantly, with Palantir leading the integration of AI technology in military applications.
Ondas announced a definitive merger agreement with Mistral, a Bethesda, Md.-based defense prime contractor, valued at $175 million, which includes $122.5 million in common stock paid upfront and in installments.
One official reportedly described Palantir as 'ethically bankrupt' in justifying his refusal to use the software, and noted that he knows of coworkers who deliberately slow their work pace when forced to use the system.
Four terabytes of data have reportedly been stolen, including database records and source code. Allegedly stolen data has been published on a leak site, containing Slack information, internal ticketing data, and videos of conversations between Mercor's AI systems and contractors.
Companies are sitting on loads of useful operational data - emails, logs, support tickets, chat histories - but have no good way to act on it. Edra says it analyzes that data automatically, builds a knowledge base from it, and keeps it updated.
When the user asks "What enemy military unit is in the region?" the AIP Assistant guesses that it's "likely an armor attack battalion based on the pattern of the equipment." This prompts the analyst to request a MQ-9 Reaper drone to survey the scene. They then ask the AIP Assistant to "generate 3 courses of action to target this enemy equipment," and within moments, the assistant suggests attacking the unit with either an "air asset," a "long range artillery," or a "tactical team."