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The Veteran Fund

Dual-Use, Unlimited Risk?

VC investment in dual-use tech is booming as startups aim to corner both government and private markets. As dual-use tech proliferates, concerns are growing over the ethical implications of AI-powered military systems like the “kill cloud,” with companies like Microsoft facing backlash for enabling surveillance and human rights abuses by militaries.

Oct 2, 2025

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Microsoft

Amazon

Alphabet

Surveillance & Dual-Use Tech

The Veteran Fund

United States

Material Tech

Material Tech equips investors with an integrated materiality analysis of the latest developments in digital and emerging technologies. Stay ahead of risks and opportunities with data-driven insights, deep dives, and expert perspectives.

The Material Tech Newsletter is a publication of Open Media and Information Companies Initiative (Open MIC), a non-profit working to foster greater corporate accountability in the deployment and use of digital technologies.

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