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Indian Defense Startups Transforming National Security

StartupTalkyStartupTalky ยท 1y ago
Indian Defense Startups Transforming National Security
Medial

India is leveraging the Make in India initiative to boost defense exports and decrease reliance on foreign suppliers. The country aims to gain a share of the $2.1 trillion global defense industry by encouraging large corporations, startups, and small and medium-sized enterprises to manufacture defense equipment domestically. The government is offering tax breaks and support programs, including the Innovation for Defense Excellence (iDEX), to foster innovation and assist startups in the defense sector. Private companies such as Bharat Forge and Mahindra Defense Systems have already secured significant contracts, reflecting the growing opportunities for entrepreneurs in the Indian defense industry.

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Palmer Luckey and other defense tech leaders see Trump's victory as a win for the industry

Business InsiderBusiness Insider ยท 1y ago
Palmer Luckey and other defense tech leaders see Trump's victory as a win for the industry
Medial

Defense tech startups like Anduril are expecting growth during Trump's second term. Under Trump's first administration, Anduril secured government contracts and its latest AI-powered drone, the Bolt-M, has generated further interest in the industry. The defense tech industry is optimistic about Trump's victory due to SpaceX founder Elon Musk's proximity to the President-elect and potential defense acquisition reforms. Defense tech leaders also anticipate the potential elimination of "cost plus" contracts, which could benefit the industry. Despite his personal support for Trump, Anduril's founder Palmer Luckey believes the defense industry remains nonpartisan and focused on national security.

OpenAI enters Silicon Valleyโ€™s hot new business: War

LivemintLivemint ยท 1y ago
OpenAI enters Silicon Valleyโ€™s hot new business: War
Medial

OpenAI, the world's most valuable AI company, has partnered with defense-tech startup Anduril Industries to incorporate its technology into counterdrone systems used by the U.S. military. This collaboration represents OpenAI's deepest involvement with the Defense Department and its first partnership with a commercial weapons maker. Although OpenAI still prohibits the use of its technology in offensive weapons, it has made deals for cybersecurity work and other projects with the military. The move reflects Silicon Valley's changing stance towards closer ties with the national security complex, with other tech companies also pursuing similar partnerships to bolster national security against countries like China.

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