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Defense Tech Gets Less Than 1% of Pentagon Spending

Pentagon spending on defense tech from startups has more than doubled, from about $1.8 billion in Fiscal Year 2023 to $4.3 billion for Fiscal Year 2025, but still makes up less than 1% of total contract dollars. Rachel Hoff, policy director at the Ronald Reagan Institute, speaks with Caroline Hyde and Ed Ludlow on “Bloomberg…

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Pentagon spending on defense tech from startups has more than doubled, from about $1.8 billion in Fiscal Year 2023 to $4.3 billion for Fiscal Year 2025, but still makes up less than 1% of total contract dollars. Rachel Hoff, policy director at the Ronald Reagan Institute, speaks with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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Apple unveiled its new intelligence system — underpinned by Google technology —  during a keynote presentation at the company’s Worldwide Developers Conference. Ed Ludlow breaks down what you need to know. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed…

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Apple unveiled its new intelligence system — underpinned by Google technology —  during a keynote presentation at the company’s Worldwide Developers Conference. Ed Ludlow breaks down what you need to know.
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As Apple kicks off WWDC in Cupertino, the spotlight is turning to inclusive design. Melissa Azari and Helene Nørlem are the co-founders of Denmark-based Tiimo, a visual planning app that was crowned Apple’s iPhone App of the Year. They join Ed Ludlow on “Bloomberg Tech” from Cupertino, California.
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Kindred Ventures has raised $355 million for its latest deep tech and robotics funds, fresh capital which comes as the firm’s previous vintage hits the top 1% of its class. Kindred Ventures Managing Partner and founder Steve Jang, joins Caroline Hyde on “Bloomberg Tech.”
——–
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