this post was submitted on 03 Feb 2026
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84
Venture Capitalists Are Using Profits From Genocide to Fund AI-Powered Weapons (truthout.org)
submitted 3 hours ago* (last edited 3 hours ago) by AcidiclyBasicGlitch@sh.itjust.works to c/technology@lemmy.world
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Between 2022 and 2023,” Professor Schwarz reported, U.S. federal contracts for military AI “nearly tripled, with a potential increase in the value of these contracts by 1,200 percent.”

According to J.P. Morgan, VC investment in military and aerospace companies amounted to $48 billion in 2024, and “Through the first half of 2025, venture investments into U.S.-based defense tech startups totaledroughly $38 billion and could very well exceed the 2021 peak ($55 billion) should the pace of investing remain constant through the end of the year.”

Profiting From Israel’s Genocide Many of the largest VCs that are funding cutting edge AI weapons development for the Pentagon — such as Founders Fund, Andreessen Horowitz, Lux Capital, General Catalyst, Hercules Capital, Shield Capital, and Sequoia Capital — are also investing in Israeli high-tech firms, thus profiting from Israel’s genocide in Gaza.

These investments are being made in spite of pleas by Francesca Albanese, UN special rapporteur on the situation in the occupied Palestinian territories, that all governments and corporations “completely abstain from, or end, their relationship with this [Israeli] economy of the occupation, especially as it has transformed into an economy of genocide.”

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[–] IAmYouButYouDontKnowYet@reddthat.com 4 points 2 hours ago

It was always like this.

At least people might start realizing.

[–] Archon_Warslut@lemmy.world 1 points 3 hours ago (1 children)

however, thats true across the entire u.s. market. you're confusing things. it's not at all spectacular that they spent this much ^ on AI. its happening in every business. its actually the mag 7 (the regular biggest u.s. companies- facebook/meta, tesla, apple, google, microsoft, nvidia, amazon) who spent the most on it, (ai stuff), by far. palantir could be considered a close 8th or 9th. anyway, the funny thing about it is, most people in the stock market and in the know are worried that the whole thing, and i mean the whole thing is overspending, and that there might be a sort of whiplash if they cant fulfill their projections (spending is mostly just on capacity- spending for more huge data centers, just thinking that ai use will multiply and multiply) . anyway- if its anything though like the last thing you could compare this to, which is when good internet infrastructure was first being laid down, fiber optic & stuff, in one of the earlier internet spending rushes- it was overbuilt at first, but then, everyone did find a use for it and it makes up the basic backbone we still use today.

[–] AcidiclyBasicGlitch@sh.itjust.works 3 points 3 hours ago* (last edited 1 hour ago) (1 children)

It's being spent on Military AI not just AI

And it's not just going into Palantir it's going into every Palantir wannabe startup, and they're making claims to advertise their product that sound like some jackass at DHS is responsible for making up bullshit tailored to the individual startup

And who even knows maybe laying all the groundwork and data centers only for AI to tank in the majority of fortune 500 companies that tried it was always the plan so that you have an easy excuse to pivot fully into militarized police tech and surveillance everywhere you have these data centers.

[–] ToTheGraveMyLove@sh.itjust.works 2 points 2 hours ago* (last edited 2 hours ago)

I 100% believe that's the end game and anyone not preparing for or fighting to stop that inevitability is asleep.