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
Nia Warfield

Amazon doubles down on groceries with new private-label collection, sending grocery stocks lower

Amazon on Wednesday launched Amazon Grocery, a new private-label food brand that combines its Fresh and Happy Belly lines into one collection.

The label covers more than 1,000 staples, from milk and eggs to olive oil and fresh meat, with most items priced under $5. Shares of Amazon were little changed, but grocery-selling rivals Target, Walmart, and Kroger all slipped around 2% following the announcement. Costco also slipped about 1%.

The launch highlights Amazon’s growing push into both grocery and private-label essentials as more customers trade down to cut costs. In August, the e-commerce giant added perishable groceries to same-day delivery in 1,000 cities and towns across the country.

At the same time, Amazon said shoppers purchased 15% more private-brand products in 2024 compared to the previous year across Amazon.com, Whole Foods Market, and Amazon Fresh.

business
Max Knoblauch

Ford sales climb for 7th straight month as EVs hit a quarterly record on tax credit expiration

September marked another banner month for Ford’s electric vehicle business, with EV sales climbing 85% from the same month last year to more than 11,700 units.

For the third quarter as a whole, Ford’s electrified unit sales grew nearly 20%. That’s the division’s best Q3 on record, boosted by the looming end of the $7,500 federal tax credit on Tuesday. Ford, with rival GM, has found some ways to extend that credit in the hopes of keeping sales stable.

Overall, Ford sales rose 8.2% on the quarter, and September was the automaker’s seventh straight month of sales gains. Ford sales have been buoyed this year by panic buying: first from fears of tariff price hikes (and Ford’s strong incentives), and lately from the EV credit expiration.

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Max Knoblauch

Some automakers are working accounting magic to extend the EV tax credit beyond today’s deadline

The $7,500 EV tax credit is set to expire after today, September 30. Logically, electric vehicle sales are expected to fall off afterward.

But some automakers, including Ford, GM, and luxury EV maker Lucid, have found ways to effectively extend the credit for some customers.

According to reporting by Reuters, Ford and GM have initiated plans to dealers that would have the automakers themselves put down payments on EVs currently in inventory at dealerships. Those down payments would qualify for the expiring tax credit, and dealers would be able to extend the subsidy to future customers through discounted lease rates.

Reuters reports that the programs were launched following discussions between the automakers and the IRS.

In August, Lucid announced that the company would honor the $7,500 tax credit through the end of the year for lessees who order its Gravity SUV by Tuesday at 11:59 p.m. ET.

Exclusive: Ford, GM launch programs to extend use of $7,500 EV lease credit

Exclusive: Ford, GM launch programs to extend use of $7,500 EV lease credit

According to reporting by Reuters, Ford and GM have initiated plans to dealers that would have the automakers themselves put down payments on EVs currently in inventory at dealerships. Those down payments would qualify for the expiring tax credit, and dealers would be able to extend the subsidy to future customers through discounted lease rates.

Reuters reports that the programs were launched following discussions between the automakers and the IRS.

In August, Lucid announced that the company would honor the $7,500 tax credit through the end of the year for lessees who order its Gravity SUV by Tuesday at 11:59 p.m. ET.

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