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Business/Financial

Booz Allen’s Venture Arm Invests In Company Focused On Ethical AI

By Cal Biesecker

Wednesday, May 3rd, 2023

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Booz Allen Hamilton [BAH] on Wednesday said it has made a strategic investment in Credo AI, a small company that has developed a governance platform that helps customers maintain oversight and manage compliance, regulations and risk around their artificial intelligence projects. The value of the investment wasn’t disclosed. San Francisco-based Credo AI has 27 employees. Booz Allen said partnership will help it bring scalable responsible AI capabilities to its federal customers as regulations change and the pace of the technology…

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 […]