Hello, and welcome to techscape. This week, tech companies are spending Amounts of money that stretch the limits of the imagination. Donald Trump’s Administration is Spending More Money With Data Analytics and Survelance Firm Palantir. And women on both sides of the pacific face the extreme direction of keeping Intimate Moments Private Online.
Update: The Trillion-Dollar Ai Race, Part II
In Last Week’s Edition of the Newsletter, My Colleagues Wrote About The Upshot of Google’s Earnings Call: Lots of Money Earned, But, More Importantly Lots of Money Spent on Ai. Even Money Shelled Out Than Previous Expected: Google Revised Its Predictions for how much it would invest in building up its ai capacity upwards by billions. Investors Loved It. Shares up.
In the ensuing week, three more tech giats reported their Quarterly Earnings – Meta, Microsoft and Amazon – and disclosed that they have collectively spent $ 155bn. Investors Expressed Election at the Colossal Sums. Meta’s Market Capitalization Shot up by more than $ 130bn. Microsoft’s Valuation Sored Past $ 4TN, Making the Software Giant The Second Publicly Traded Company to Reach that Stratospheric Milestone. Amazon’s Financial Outlook was Murkier, and Its Shares Went Down. What a bummer to miss out on the ai stock party.
The $ 155bn sum represents more than the US government has spoken on education, training, employment and social services in the 2025 fiscal year so far. One Economics Research Firm Claims AI Spending Has Contributed more to the us economy over the past two Quarters Than Consumer Spending, Tradedsomer in Economic Growth.
For the Coming Fiscal Year, Big Tech’s Total Capital Expenditure is Slated to Ballon Enormously, Surpassing The Alredy Eye-Popping Sums of the Previous Year. Microsoft plans to unload about $ 100bn on Ai in the next fiscal year, Ceo satya nadella said. Meta Plans to Spend Between $ 66BN and $ 72BN. Alphabet plans to spend $ 85bn, significantly higher than its previous establishment of $ 75BN. Amazon Estimated that its 2025 Expenditure would come to $ 100BN as it Plows Money INTO Amazon Web Services, which analysts now expects now expect to Amount to $ 118bn. In Total, The Four Tech Companies will spend more than $ 400BN on Capex in the Coming Year, According to the Wall Street Journal.
Read more about the Gargantuan Sums of Money Being Spent on Ai.
Where does Palaantiir have Contracts?
Last Week, The Us Army Announced a New Agreement With Palaanti, the Peter Thiel-Founded, Alex Karp-Run Technology Company.
The agreement Combined 75 Separate, Existing Contracts Between the Army and Palaantir INTO One, and Allows for the Possibility to Purchase Goods and Services Up to $ 10BN.
It’s just one of dozens of agreements between the company and the US, a relationship that’s only being only being grewing rapidly in the second trump administration, thout it has been then. Palantir brieft in $ 373m in Revenue from Us Government Contracts in just the first Quarter of 2025 – $ 151.6m More than a year Prior. The Vast Majority of that Increase – $ 148.7m – Came from Government Customers who was already working with the company, according to its earrings reports.
Here’s an overview of Palaantir’s Biggest Us Government Contracts:
Wort: The department of defense lists its “obligations” to palaantir as $ 1.66bn In the government, which can encompass current and future spending, according to the US government’s database of its spending. Financial analysts Estimate Palaantir Earns $ 400m in Annual Recurring Revenue from the Dod.
The details: the dod remains Palaantir’s biggest and oldest customer within the us federal government. The first contract between the two dates back to 2008.
The Army has no commitment and is under no obligation to purchase anywahere close to the $ 10bn figure listed as the value of its new agreed with palanti, which represents the “Maximum Potent Value of the” Contract ”, according to the press release the government published. The number is not exactly money in hand for Palaanti, but analysts seem encouraged it could represent a major source of rev the and more business from the US government.
“It’s no obligation but we bellyve the Army will spend bills with Palaantir with this contrast,” said dan iVes, managing director at the wealth managment fIRMGENTES.
Wort: $ 256.7m in obligations
Details: The company has been working with the homeland Security Department Since 2011. The Vast Majority of Palantir’s Contracts With DHS are to Provide Services to Immigration and Customs Enforce, These Amount to $ 248.3m in obligations. The company’s most recent Contract with ice was for $ 30m to make the departation process more efficient.
Wort: $ 385m in obligations
Wort: $ 140.9m
Wort: $ 204.5m
Wort: $ 91m
after newsletter promotion
Wort: $ 56.1m
Wort: $ 55.92m
In the UK, Palaantir has won a £ 330m contract with the National Health Service.
Women the world over see their Intimate Messages and Images Expeded
On both sides of the pacific ocean, women are being confronted with the different of keeping their most personal mothers.
In the us, an app that pledged to make IRL Dating Safer Has Suffered a Breach That May Imperil Its Users. In China, Hundreds of Thousands of Men are sharing explicit pictures with the consent of the woman in the photos.
The app in the us, tea, offered a forum for women who subscribed to share past experiences with men so that other women could conduct diyCGROND CHACKS on their Properative Dates, HINDLITING Negative “Red Flags” and Positive “Green Flags”. Tea’s owners bill the app as “the safest place to spill”, in reference to the English slang term for gossip. It has topped us download charts in recent weeks, and the company has boasted about a user base of 1.6 million women. It is only available in the US.
The app promised “Dating Safety Tools That Protect Women”. But in late july, the company discovered that hackers had breached its systems and leaked users’ Driver’s Licenses, Direct Messages and Selfies. Users of the Noxious Message Board 4chan SCREENSHOTED and Spread Tea Users’ Personal Information, According to NPR. A Second Breach Expeded more than a Million Messages Sent by TEA’s Users, Including ons about sensitive topics like abortions or cheating, Per 404 Media, Which FIRST REPORTED BOTED BORACHESS. The company Claimed in a statement that the first breach only affected users who had signed up before februry 2024, but the second one was much more recent, 404 reported. In response to the hack, the app has suspended messaging entrely, the bbc reported.
Most Data Breaches Inspire Little Public Uproar. The exposure of an email address here, a birthday there can feel commonplace. The breach of tea is different. The app promised safety as a core feature. It delivered the opposite. The Sine Qua Non of a whisper network like tea is private, the ability to share damning information in secret, which the app failed to protect. Exposing users’ Identities and Messages is the most basic type of failure, one that can be fatal to a product’s reputation. To make matters WorsE, The Breach offers Red meat to the male-dominated 4chan forum, a node of increase culture and men’s rage in the us.
“Our team remains fully engaged in strengthening the tea app’s security, and we look forward to sharing more about there enhancements song,” The company said in a statement to the bbc. “In the meantime, we are working to identify any users with personal information was involved and will be offering free identification protection services to those individuals.”
In China, Women are Facing Down an only legion of men dedicated to invading their most private mothers with spy cameras and sharing the results on the internet.
My college Amy hawkins Reports:
Anger is growing on chinese social media after news reports revised the existence of Online Groups, said to involve hundreds of thirds of chinese men, which shared photos of Women, Including Sexually explicit ons, taken without their content.
The chinese newspaper southern metropolis daily published a report last week about a group on the encrypted message app telegram called “Maskpark Tree Hole Forum”. It said it had more than 100,000 members and was “Comprised Entrely of Chinese Men”.
Men Reportedly Shared Sexually explicit images of women either in intimate settings or with so-called “Pinhole cameras” that can be hidden in everything as plug sockets and shoes.
Read the full story.
In an influential 2014 essay, “why women aren’t welcome on the internet”, the writer amanda hesses said that reception countless Graphic Death and Rape Threats in Response to her Work from Work from “It just makes me a woman with an internet connection.” Events of the Past Week Indicate that Hess’s Headline Still Holds True.
Tim Berners-Lee, Credited with Inventing The World Wide Web, Told the Guardian in 2020 that the internet “is not working for women and girls”. The same year, a UNESCO REPORT Found That 73% of Women Journalists Endured Online Threats to their safety. Other Un Reports have found that significant portions of women across the world, somehere between 16% and 58%, face threats of gender-spoken violence online.
