US tech firms have been deepening ties to the Middle East with Gulf States investing heavily in AI. But as this geopolitical turmoil in the region heats up, Debos is looking at how those ties are starting to expose the risks of that so-called sovereign AI bucket we talked so much about last month, Steve. So much about.And remember, Carl, that sovereign AI, it was supposed to be the next big thing. A wave of national efforts across the Middle East and beyond picking up where China left off after US exports c ...

Key Takeaways BBAI's Q1 revenue of $34.8 million grew 5% year over year, driven by defense and homeland security contracts. A $385 million backlog and $108 million cash position signal growth, despite a $62 million quarterly net loss. Investments in Orion, Pangiam, and veriScan show progress, but profitability remains elusive.BigBear.ai Holdings, Inc. (BBAI) is positioning itself at the intersection of artificial intelligence and national security, an increasingly lucrative niche. In first-quarter 2025, t ...