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BigBear.ai has acquired AskSage, enhancing its generative AI solutions for defense and positioning itself for government contracts. The acquisition comes as US defense budgets increase, with $70 billion allocated for border protection and $673 million for biometric solutions.

AskSage's revenue is projected to grow sixfold this year. Meanwhile, Dell Technologies benefits from the AI boom, reporting an 11% revenue increase and shipping over $15 billion in AI servers this year. Both companies are poised for growth amid evolving geopolitical tensions.