Business
business
Jon Keegan

Tech titans team up to sell AI to US defense and intelligence clients

Last week, the Biden administration directed the government to “Harness the Power of AI for US National Security” in the first-ever National Security Memorandum on AI.

AI companies got the message loud and clear and are moving full steam ahead to sell their AI products to the US government, fears of Skynet be damned.

Today, data-analytics platform Palantir Technologies announced that it’s teaming up with AI startup Anthropic to bring the company’s Claude AI models, already available on Palantir’s AI Platform, to Amazon’s AWS cloud-computing platform.

In a press release, Shyam Sankar, Palantir’s Chief Technology Officer, said:

“Our partnership with Anthropic and AWS provides US defense and intelligence communities the tool chain they need to harness and deploy AI models securely, bringing the next generation of decision advantage to their most critical missions.”

Palantir was cofounded by venture capitalist and mentor to JD Vance Peter Thiel, and sells its data platform to several sectors of the US government, including the military and intelligence agencies. The CIA’s venture-capital firm In-Q-Tel was an early investor.

By partnering with Palantir — an established contractor who deals with sensitive national-security data — Anthropic’s Claude large language models will be able to be used in certain classified environments, including critical national-security data requiring “maximum protection.”

Just this week, Meta announced that it was making its Llama AI models available for defense and national security applications.

Anthropic teams up with Palantir and AWS to sell AI to defense customers | TechCrunch

Anthropic teams up with Palantir and AWS to sell AI to defense customers | TechCrunch

Today, data-analytics platform Palantir Technologies announced that it’s teaming up with AI startup Anthropic to bring the company’s Claude AI models, already available on Palantir’s AI Platform, to Amazon’s AWS cloud-computing platform.

In a press release, Shyam Sankar, Palantir’s Chief Technology Officer, said:

“Our partnership with Anthropic and AWS provides US defense and intelligence communities the tool chain they need to harness and deploy AI models securely, bringing the next generation of decision advantage to their most critical missions.”

Palantir was cofounded by venture capitalist and mentor to JD Vance Peter Thiel, and sells its data platform to several sectors of the US government, including the military and intelligence agencies. The CIA’s venture-capital firm In-Q-Tel was an early investor.

By partnering with Palantir — an established contractor who deals with sensitive national-security data — Anthropic’s Claude large language models will be able to be used in certain classified environments, including critical national-security data requiring “maximum protection.”

Just this week, Meta announced that it was making its Llama AI models available for defense and national security applications.

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business
Max Knoblauch

Paramount reportedly receives $24 billion from Gulf funds to back its Warner Bros. takeover

Three Middle East sovereign wealth funds have agreed to back Paramount’s takeover of Warner Bros. Discovery to the tune of roughly $24 billion, according to Wall Street Journal reporting.

The company’s triumph over Netflix in the bidding war came thanks in part to financial backing from Oracle cofounder Larry Ellison, billionaire father of Paramount CEO David Ellison.

Saudi Arabia’s PIF, which last year led the $55 billion deal to take Electronic Arts private, will provide about $10 billion in the deal. The Qatar Investment Authority and Abu Dhabi’s L’imad Holding Co. is also involved.

According to the WSJ, the funds will not receive voting rights in the combined Paramount-Warner company. Those working on the deal don’t expect the Gulf funds’ involvement to spark any additional regulatory reviews.

Exclusive | Gulf Funds Agree to Back Paramount’s $81 Billion Takeover of Warner

Exclusive | Gulf Funds Agree to Back Paramount’s $81 Billion Takeover of Warner

The company’s triumph over Netflix in the bidding war came thanks in part to financial backing from Oracle cofounder Larry Ellison, billionaire father of Paramount CEO David Ellison.

Saudi Arabia’s PIF, which last year led the $55 billion deal to take Electronic Arts private, will provide about $10 billion in the deal. The Qatar Investment Authority and Abu Dhabi’s L’imad Holding Co. is also involved.

According to the WSJ, the funds will not receive voting rights in the combined Paramount-Warner company. Those working on the deal don’t expect the Gulf funds’ involvement to spark any additional regulatory reviews.

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4/1/26
Apple is turning 50 today and it doesn’t look a thing like its younger self

From Macs to iPods, iPhones, and now services, here’s how Apple’s business has looked every 10 years.

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The entrance of Allbirds seen from Hayes St. in San Francisco, Calif.

Allbirds, the once buzzy multibillion-dollar sneaker startup, is selling up for $39 million

That’s less than 1% of its peak market cap about four years ago.

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business
Max Knoblauch

JetBlue is raising its bag fees as fuel costs squeeze airlines

JetBlue will reportedly hike its bag fees, as the cost of jet fuel continues to climb amid the war in Iran. It’s the latest example of carriers finding ways to push rising costs onto travelers.

Last week, United Airlines CEO Scott Kirby said that if fuel prices remain elevated, fares would need to rise another 20% for his airline to break even this year.

As CNBC reported, when one airline raises fees, others tend to follow.

Earlier this month, JetBlue hiked its first-quarter outlook for operating revenue per seat mile to between 5% and 7%, saying that strong Q1 demand helped “partially offset additional expenses realized from operational disruptions and rising fuel costs.” Now, the carrier appears to be making moves to further boost revenue to offset those costs.

Earlier on Monday, JetBlue rival Alaska Air lowered its Q1 profit forecast. The refining margins for the carrier’s cheapest fuel option — sourced from Singapore and representing about 20% of Alaska’s overall supply — have spiked 400% since February.

JetBlue did not immediately respond to a request for comment.

JetBlue Airways raises bag fees as fuel prices soar

JetBlue Airways raises bag fees as fuel prices soar

As CNBC reported, when one airline raises fees, others tend to follow.

Earlier this month, JetBlue hiked its first-quarter outlook for operating revenue per seat mile to between 5% and 7%, saying that strong Q1 demand helped “partially offset additional expenses realized from operational disruptions and rising fuel costs.” Now, the carrier appears to be making moves to further boost revenue to offset those costs.

Earlier on Monday, JetBlue rival Alaska Air lowered its Q1 profit forecast. The refining margins for the carrier’s cheapest fuel option — sourced from Singapore and representing about 20% of Alaska’s overall supply — have spiked 400% since February.

JetBlue did not immediately respond to a request for comment.

Tom Jones
flavor of the month
3/30/26
Americans won’t tolerate bland food anymore — and it’s turned McCormick into a ~$7 billion-a-year spice and sauce giant

Now, McCormick is eyeing Unilever’s food business.

Bottles of Frank's RedHot Xtra Hot and Sweet Chili on a

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