Share Drop

JPMorgan deploys $5 billion of its own balance sheet into defense tech, hardware and supply chains, and it is moving faster on direct investments than most banks would dare, with robot factories and hypersonic missiles among its first bets.

Why it matters A major bank putting its own capital into national security companies signals that defense tech is now treated as a mainstream investment category.

Anthropic commits 5% of shares to a new public benefit fund that can make donations addressing the public good, including softening AI's impact on jobs, as the company lays the ground for a stock market listing.

Why it matters Setting aside equity before an IPO ties a share of the company's future value to public purposes, and it is already prompting rival pledges.