• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

2

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

3

The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow

1

'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

2

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

3

The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
FinanceData Sheet
Europe

Palantir’s Alex Karp promotes the A.I. military-industrial complex—but there are many reasons to be cautious

By
David Meyer
David Meyer
Down Arrow Button Icon
By
David Meyer
David Meyer
Down Arrow Button Icon
July 26, 2023, 12:24 PM ET
Alex Karp, chief executive officer of Palantir Technologies Inc., walks to the morning session during the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, US, on Thursday, July 13, 2023.
Alex Karp, chief executive officer of Palantir Technologies David Paul Morris—Bloomberg/Getty Images
Add Fortune on Google for similar content.

Palantir Technologies CEO Alex Karp has become the latest of many—including Oppenheimer director Christopher Nolan—to draw parallels between the invention of nuclear weapons and that of artificial intelligence.

Recommended Video

In a New York Times op-ed, Karp wrote that concerns about the dangers of A.I. were “not unjustified,” but its development should not be halted because, like it or not, we are now stuck in an A.I. arms race. And that, per Karp, means people in the U.S. tech industry should enthusiastically embrace links with the U.S. military.

“We must not…shy away from building sharp tools for fear they may be turned against us,” Karp wrote. “Our hesitation, perceived or otherwise, to move forward with military applications of artificial intelligence will be punished.”

This is not a new stance for Karp, who said earlier this year that employees unhappy with the data-wrangling company’s military contracts should leave. “We want people who want to be on the side of the West, making the West a better society,” he said at the time. After all, when Google employees forced that company to pull out of a Pentagon A.I. project in 2018, it was Palantir that jumped in to fill the gap.

And it’s not just Karp pushing this line. Notably, former Google CEO Eric Schmidt has also loudly denounced calls for an A.I.-development pause, arguing that it would only benefit China’s A.I. efforts. Like Karp, Schmidt has skin in the game, with his VC firm Innovation Endeavors investing in companies such as Rebellion Defense, a military A.I. firm with U.S. Air Force contracts.

Today also brought another sign of a resurgent tech military-industrial complex, with the U.S. Commerce and Defense departments agreeing to “expand collaboration to strengthen the U.S. semiconductor defense industrial base.” The gist is that the two departments will coordinate their investments in developing the U.S. semiconductor sector, so the Chips Act ends up producing “semiconductor chips in America that our military relies on.”

Of course, the U.S. military-industrial complex has achieved great things in the past. The internet itself began life as a project in the DOD-funded Defense Advanced Research Projects Agency. And it may well be that China’s military A.I. progress is so energetic that it merits similar coordination between the military and industry on the other side of the world—though if that is the case, then the knockout evidence isn’t public.

But I would point out two things. First, beware the power of self-interest in those calling for greater links between the U.S. military and tech sector. And secondly, remember the rest of the world.

As the Trump presidency demonstrated, the U.S. may not always be seen as a reliable partner, even in places like Europe. Even during the Obama presidency, which was generally much better received abroad, the revelations of National Security Agency leaker Edward Snowden caused outrage among U.S. allies, who were horrified that their citizens and governments were being spied upon by the U.S. American intelligence’s ongoing ability to compel American tech companies to hand over the personal data of foreigners continues to foster uncertainty over those companies’ ability to operate in Europe.

Tying the tech sector to the military doesn’t just raise ethical questions—it could put those tech firms in a very awkward position if the U.S. becomes seen in a less friendly light by today’s partners. So tread lightly.

More news below.

Want to send thoughts or suggestions to Data Sheet? Drop a line here.

David Meyer

NEWSWORTHY

Microsoft earnings. Microsoft’s share price fell by more than 3% after its latest earnings report showed slowing cloud-revenue growth. CEO Satya Nadella: “We remain focused on leading the new A.I. platform shift, helping customers use the Microsoft Cloud to get the most value out of their digital spend, and driving operating leverage.” As the Guardian reported, analysts noted that Microsoft seemed to be commercializing generative A.I. more successfully than rival Google (whose earnings report yesterday was nonetheless much better received on Wall Street).

EU internet shutdowns. What will happen if major platforms such as TikTok and X/Twitter don’t effectively remove hate speech, as demanded of them by the EU’s new Digital Services Act? Politico reports that a bunch of global and European digital rights organizations have asked the European Commission—which will enforce the law—to confirm that outright bans won’t be on the table. Internal Market Commissioner Thierry Breton and French President Emmanuel Macron have previously talked about shutting down social media services in some circumstances.

EV charging showdown. With Tesla’s electric-vehicle charging network seemingly set to become the standard in the U.S., rival automakers including GM, Mercedes, and Stellantis have announced the formation of a new, not-Tesla EV-charging joint venture. As Reuters reported, the JV doesn’t yet have a name, but the aim is to roll out 30,000 chargers on major highways and in cities. Some of the companies involved, such as GM and Mercedes, have already signed on to adopt Tesla’s charging tech, so the new network will support both that and a rival called the Combined Charging System.

ON OUR FEED

“X has been working on climate challenges for more than a decade, with half of our current moonshots focusing on climate change–related issues.”

—Alphabet’s moonshot factory, which has been called X since a rebrand from “Google X” seven-and-a-half years ago, uses another X to remind the world of its existence

IN CASE YOU MISSED IT

Elon Musk tells companies to buy more advertising on Twitter/X if they want to keep their verified status—and he’s even cutting the price, by Christiaan Hetzner

Alphabet’s longest-serving CFO Ruth Porat promoted, stock surges over 6% on earnings beat, by Stephen Pastis

There may be less to Meta’s White House A.I. pledge than meets the eye, by Jeremy Kahn

Microsoft rolls Bing Chat out to a wider audience, by Chris Morris

GOP primary candidates offer crypto slogans—but no serious policy proposals, by Jeff John Roberts

San Francisco’s office vacancy apocalypse shows signs of easing as A.I. companies start pouring in: ‘We feel like it’s the bottom,’ by Bloomberg

BEFORE YOU GO

Street View returns to Germany. When Google Maps introduced Street View to Germany in 2010, it elicited a visceral reaction in the cradle of data protection law. Some people objected strongly to their buildings being shown to people who weren’t walking past, and although Google allowed them to request the blurring of their facades, lawsuits ensued and Google withdrew the service the following year, leaving extremely stale imagery in place. (Street View cars returned to German streets in 2014, but only to keep Maps up to date.)

Now Street View is back. In a blog post, the company reminded Germans that Street View images would contain only blurred faces and license plates. Google’s local data protection authority in Germany (the Hamburg watchdog—uniquely in Europe, every German state has one) has also published a post on the matter, giving it an official seal of approval.

All of which is a great excuse to recall how Yandex, Russia’s answer to Google, once got into trouble over its mapping service in Turkey. As reported back in 2012, Yandex’s systems tried to comply with Turkish law by blurring people’s faces, but they accidentally also blurred the ubiquitous visage of Kemal Atatürk, the father of the nation. Defacing Atatürk’s image was also illegal, so—much as Google once tried to manually blur out German building facades—Yandex had to manually unblur each poster and banner bearing Atatürk’s picture.

This is the web version of Data Sheet, a daily newsletter on the business of tech. Sign up to get it delivered free to your inbox.

About the Author
By David Meyer
LinkedIn icon
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Finance

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Finance

Can Apple’s incoming CEO bring back the product design mojo of the Steve Jobs era?
MagazineApple
Can Apple’s incoming CEO bring back the product design mojo of the Steve Jobs era?
By Sebastian HerreraJuly 25, 2026
53 minutes ago
t
EconomyInflation
Meet the Americans learning to go without after the biggest grocery inflation in 50 years
By Dee-Ann Durbin, Terry Tang, Maggie Scales, Sandy Guatibonza, Hikari Mae Hida and The Associated PressJuly 25, 2026
58 minutes ago
g
EconomyInflation
‘Rockets and feathers’: Economists say grocery prices shoot up like the first, fall like the second
By Dee-Ann Durbin and The Associated PressJuly 25, 2026
1 hour ago
A man stands looking out over his front porch where a sign reads, "No data centers."
EnvironmentData centers
Startups are installing tiny data centers in people’s homes to reduce strain on the beleaguered electrical grid
By Sasha RogelbergJuly 25, 2026
2 hours ago
Fortune Brainstorm E 2016
Success250 Years of Innovation
Bechtel CEO: to build America’s future, we must first build the builders
By Brendan BechtelJuly 25, 2026
2 hours ago
family
Real EstateHousing
The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going ‘back to the early 1900s’
By Nick LichtenbergJuly 25, 2026
3 hours ago

Most Popular

'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down
Economy
'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down
By Eleanor PringleJuly 24, 2026
1 day ago
Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for
Big Tech
Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for
By Sydney LakeJuly 23, 2026
2 days ago
The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
Economy
The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
By Sasha RogelbergJuly 23, 2026
2 days ago
Current price of oil as of July 24, 2026
Personal Finance
Current price of oil as of July 24, 2026
By Joseph HostetlerJuly 24, 2026
1 day ago
Current price of silver as of Friday, July 24, 2025
Personal Finance
Current price of silver as of Friday, July 24, 2025
By Joseph HostetlerJuly 24, 2026
1 day ago
Turns out Dead Internet Theory was right: AI agents are eating the Web, growing by nearly 8,000% and rewiring the Internet's business model
AI
Turns out Dead Internet Theory was right: AI agents are eating the Web, growing by nearly 8,000% and rewiring the Internet's business model
By Mia OsmonbekovJuly 23, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.