July Tech Round-Up: The National Security Tech Issue
Welcome to the new normal – heightened geopolitical uncertainty and tension, driving stratospheric spending on defence tech.
This month we dissect the billions of dollars going into the defence sector – in particular, the new technologies that are aimed at protecting our way of life.
Peace, from all of us at North Ridge Partners.
Original Thinking: Vale the New World Order
With geopolitical tensions rising and world military expenditures rising for nine consecutive years, it’s little wonder that tech firms focused on national security (defence, space and cyber) are experiencing a surge in interest and investment. In the recent words of the Australian Financial Review, “the next global investing megatrend is war stocks”.
Sniffing the opportunity, VC firms have proven keen to invest in startups and scale-ups that can use cutting-edge technologies to address the new and emerging security challenges. Read all about it, here.
News from the Cyber Battle Front
Meta is creating its own conflict zones. In Australia, it’s threatening to ban news as it braces against the News Bargaining Code. In Europe, regulators are pursuing it over its ‘pay or consent’ model.
Is Nvidia on its way to $4tn? Some would say so. But believe it or not, some stocks are even hotter.
Apple eyes an OpenAI board seat.
Bubble trouble. Sequoia on AI’s $600bn tipping point.
Big Tech News
Meta is creating its own conflict zones. In Australia, it’s threatening to ban news as it braces against the News Bargaining Code. In Europe, regulators are pursuing it over its ‘pay or consent’ model.
Is Nvidia on its way to $4tn? Some would say so. But believe it or not, some stocks are even hotter.
Apple eyes an OpenAI board seat.
Bubble trouble. Sequoia on AI’s $600bn tipping point.
Asia Pacific Tech News
The story of Morris Chang, founder of TSMC. Important reading.
Two steps back, one step forward as Alibaba closes data centres in Australia and India, and Grab sacks 1,000 to stay in the race.
Proving that even tech giants can be struck, Infosys discloses that its 2023 cyber attack compromised 6m consumer records.
Stuff We Found Interesting
CleanAI? Big Tech wants nuclear to fuel its AI ambitions.
How American. People are shooting down Walmart drones.
Be afraid. Russia’s space nuke.
Tech Investment Banking Across Asia Pacific
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