Velina Chakarova, geopolitical strategist and founder of FACE, joins “Making Money” to discuss the escalating Iranian protests, the strategic importance of Greenland, and winning the AI race.
Pentagon Secretary Pete Hegseth announced Monday a plan aimed at making the United States a world leader. artificial intelligenceargued about drones and space technology that a culture of risk aversion slows innovation and prevents the Department of Defense from providing the best resources to service members.
Hegseth spoke alongside SpaceX CEO Elon Musk at SpaceX’s facility in Brownsville, Texas, where he announced a strategy to advance the Pentagon’s technology.
“Today is about how we can accelerate innovation at the Department of the Army for the future,” Hegseth said in his remarks. “Innovation is happening at a pace that we cannot predict, and we need to embrace the urgency of this moment across companies and businesses. Since the end of the Cold War, our nation’s defense industrial base has strengthened, making it difficult, if not impossible, for new creators of innovation to win business in our sector.”

Defense Secretary Pete Hegseth met with SpaceX CEO Elon Musk at SpaceX’s facility in Brownsville, Texas. (Getty Images/Getty Images)
“The result is a culture of risk aversion that prevents us from providing our warfighters with the best resources the United States has to offer,” he continued. “This ends today. Simply put, the United States must win the strategic race for 21st century technological superiority, artificial intelligence, autonomous systems, quantum hypersonics, and long-range drones. Talk to Elon Musk long enough and he’ll tell you how important hypersonics and long-range drones are. And he’s 100 percent right. Space capabilities, directed energy, and biotechnology are new areas of global competition.”
Hegseth announced an “AI Acceleration Strategy,” which he said would extend the U.S. lead in military AI established during his presidency. donald trump’s first government.
“This strategy will unleash experimentation, eliminate bureaucratic barriers, and focus investment to ensure military AI leads the way and demonstrate the execution approach necessary for AI to grow more dominant into the future.” “In short, we will win this race by becoming an AI-first fighting force in every domain, from the Pentagon back office to the front-line tactical edge.”

Secretary of Defense Hegseth announced an “AI Acceleration Strategy” that he said would extend the U.S. lead in military AI established during the first Trump administration. (Getty Images/Getty Images)
He added, “Catalyzing this acceleration are seven pace-setting projects focused on mission threads across combat, intelligence, and enterprise missions, each with a single responsible leader, aggressive schedule and measurable results.”
He also said consolidation of the U.S. defense industrial base, which he said has “created a closed innovation ecosystem dominated by a handful of prime contractors,” will end amid efforts to boost high-tech startups.

Pentagon Secretary Pete Hegseth announced plans to make the United States a world leader in AI, drones, and space technology. (Getty Images/Getty Images)
“Today, those old days come to an end,” he said. ” Department of War We are once again embracing the disruptive energy and agile creativity of our technology startups, which are funded by the world’s leading capital markets. ”
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“For too long, we have organized our ecosystem with a stage in a silo, a lab here, a so-called instant force there, a commercial operation in another building or another coast, and finally a combatant somewhere. The result is duplication, drift, and confusion,” Hegseth continued.