US Innovative Technology Fund is a $3-5B venture capital fund chaired by Thomas Tull that focuses exclusively on dual-use technologies like AI, quantum computing, space, and defense platforms that can serve both commercial markets and national security needs. The fund positions itself as racing to deploy automated defense capabilities and deterrence technologies to maintain U.S. strategic advantage versus China, backed by a mix of Wall Street financiers and senior Pentagon leadership including former Secretary of the Army Ryan McCarthy.
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