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Department of War Using Palantir AI to Pick Targets in Iran
The Pentagon is using an Artificial Intelligence system developed by Palantir to select targets in Iran. Some members of Congress are considering legislation to place restrictions and safeguards on the Department of War’s use of AI. Two Congressional sources speaking with NBC News confirmed the use of Palantir’s AI for targeting and the potential bill. […]
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May 12, 2026 / Tyler Durden
'Could Resonate Globally': Korea Sparks Market Chaos With 'AI Tax' Threat
'Could Resonate Globally': Korea Sparks Market Chaos With 'AI Tax' Threat
Korean markets were under pressure overnight after politicians floated the idea of tapping AI profits.
Bloomberg reports that a top South Korean policymaker said the nation should pay citizens a 'dividend' using taxes on AI profits, with the obvious read through to Samsung and SK Hynix.
The comments in a Facebook post by presidential policy chief Kim Yong-beom fueled sharp swings in Korean stocks on Tuesday as investors struggled to parse the scope of the proposals.
“Excess profits in the AI era...
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May 3, 2026 / Tyler Durden
China Tries To Assert Dominance Over Canada After Carney Trade Deal
China Tries To Assert Dominance Over Canada After Carney Trade Deal
Historically speaking, crawling to communists for help has never been a good idea; there's always a catch. By extension, making trade deals with China and the CCP from a position of weakness usually ends with diplomatic concessions instead of mere economic concessions. That is to say, the Chinese are less interested in economic benefits, and more interested in political submission.
Canadians are about to speed run this lesson after Prime Minister Mark Carney's "new strategic partnership" formed with China...
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Mar 4, 2026 / Tyler Durden
Air Freight Rates To Spike As Iran War Escalates
Air Freight Rates To Spike As Iran War Escalates
By Eric Kulisch of FreightWaves
The war launched by the United States and Israel against Iran on Saturday is already disrupting air cargo traffic in the Middle East, a key freight corridor between Asia and Europe where two of the world’s largest cargo airlines are based, and raising the potential for a rise in air freight rates.
Airlines are suspending flights, rerouting traffic around the conflict zone and unable to use key transload hubs in Dubai, Abu Dhabi and Qatar because of retaliatory...
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