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Business/Financial

Artificial Intelligence A Key Capability In M&A Targets, Private Equity Firm Says

By Cal Biesecker

Monday, October 7th, 2019

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Artificial Intelligence A Key Capability In M&A Targets, Private Equity Firm Says

Companies looking to acquire other businesses are mainly interested in obtaining high technology capabilities, with artificial intelligence (AI) high on the list, according to a report by the private equity firm Capstone Headwaters. Mergers and acquisition (M&A) “activity has largely been driven by technology and intelligence, with buyers expanding capabilities in software, data analytics, and predictive intelligence,” Capstone says in its second quarter 2019 C4ISR M&A Coverage Report. “Modern technology is key to effectively synchronizing complex intelligence data between air,…

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]

Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]