Palantir Technologies

Former Ukrainian Defense Minister Mykhailo Fedorov launches a new defense tech venture, backed by Palantir CEO Alex Karp. The initiative aims to transform Ukraine’s battlefield-honed technological expertise into innovative products for allies. Karp joins as the lead investor, seeing global market potential in translating wartime knowledge into tangible defense solutions. This move capitalizes on Ukraine’s advanced tech deployment during the ongoing conflict.

President Trump made significant investments in AI and defense tech companies like Palantir and Nvidia in early 2026. Financial disclosures show hundreds of millions invested, including substantial Palantir shares shortly before public praise. Investments also targeted Nvidia, Amazon, Apple, Microsoft, and others, reflecting a focus on tech innovation for defense and commercial use. The Trump Organization stated investments are managed by independent third parties.