Caroline Hyde

I think a lot of investors have flocked to it for that reason.

It holds stocks like Palantir, and it also holds...

the drone companies like kratos for example aero environment what happens here is that war has changed right it's it's perhaps not as much about the 200 million dollar missile but the 2 000 drones that you can send over for you know hundreds and thousands of dollars right and it's more effective they're unmanned drones and things like this

It's more about information and the ability and priority of decision-making versus just tanks on the ground, right?

And I think AI has changed completely the way that the world will approach war.

And so if you think about that, we've had trillions of dollars of spending in aerospace and defense.

since the Cold War, it's the highest amount of spending that we've seen, and that's projected to just continue to grow at a 20 to 30% CAGR after Iran and the conflict, who knows even more, right?

So I do think that a lot of the drones, the satellites, the space names, the Palantirs longer term will be on the eyes of investors for that reason.

Not to mention with the SpaceX IPO coming up and Artemis ongoing, Sylvia Jablonski, it's been great having you with us.

Thank you.

Thank you.

Of Defiance ETFs.

Coming up, we'll discuss the major AI models that come out.

thick and fast this week.

What do they compete against?

And how is that competition between the Frontier Labs?

More on that next as Bloomberg Tech.

It has been a busy week for AI model releases, with new announcements from China's Alibaba, as well as Anthropic, Meta.

Let's break this all down with Bloomberg's AI reporter, Shirin Ghaffari.

It's been an extraordinary week, and just the fear factor alone around Anthropic and Mythos, how are you discerning whether it's real worries about its power or real lack of compute that means it's doing a slow rollout here?