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Barry Sternlicht Talks AI In Defense Opportunities At 2024 Robin Hood Investors Conference

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Michelle deBoer-Jones
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2024 Robin Hood Investors Conference Barry Sternlicht

With all the turmoil around the world right now, defense has become a hot topic around the globe, with some countries expanding their defense industries.

At the 2024 Robin Hood Investors Conference, Barry Sternlicht of Starwood Capital Group joined venture capitalist Joe Lonsdale in a fireside chat to talk about defense and artificial intelligence.

From consolidation to growth in defense

Sternlicht said defense is a big theme right now, noting that the sector saw significant consolidation in the 1990s. At the time, the Cold War was ending, and defense spending plummeted 44%. After a meal...

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.