Military

Anthropic and Washington: investors cannot ignore defence AI risks

Anthropic and Washington: investors cannot ignore defence AI risks

An analysis conducted by Empower in partnership with the Business and Human Rights Centre, Open MIC and the Heartland Initiative, identifies 32 privately held companies developing generative AI systems being deployed or marketed for military applications, and the venture capital companies and asset managers backing them.

It also reveals how more than 180 pension funds around the world, which invest in the name of teachers, hospital staff and public servants, have invested in companies developing high-risk AI systems.

Investors at War with Tech Firms on AI

Investors at War with Tech Firms on AI

The US military alone has more than 800 active AI-related projects and has requested almost US$2 billion in funding for AI in the 2024 budget.

“Any companies providing technologies to militaries that could be violating human rights or the laws of war run the risk of criminal indictments, sanctions, civil suits and considerable reputational damage,” said Audrey Mocle, Deputy Director of non-profit Open MIC.“The risks for investors in these tech firms increase as they become more enmeshed with the [weapons] sector.”