#AI #USA #Pentagon #SiliconValley #CyberWar: "Three factors are driving that shift: China’s rapid development of advanced weapons systems that negate US defences, the war in Ukraine which has highlighted the advantages of integrating commercial tech into a nation’s military and the startling advances in AI.
For all these reasons, the US government has become a far more motivated customer, while a downturn in deals and valuations in Silicon Valley has made the public defence sector seem like a stable and reliable option for start-ups.
The whiff of opportunity has spurred a gold rush among investors in California, who are piling billions of dollars into defence and weapons technology start-ups. Venture capital in the sector has doubled from around $16bn in 2019 to $33bn in 2022, PitchBook data shows."
https://www.ft.com/content/2ed278cc-6c3f-4569-b73c-64ad378f3ea8