Lazard in the News

Lazard CEO and Chairman Peter Orszag Authors AI and Geopolitical Risk Opinion in The Washington Post

February 11, 2025

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On February 11, The Washington Post published an oped authored by Lazard CEO and Chairman Peter Orszag, "The Pentagon and Silicon Valley need to be friends again," discussing the critical role artificial intelligence is playing in modern warfare and the partnership needed between Silicon Valley and the U.S. government to maintain America's military edge.

Peter outlines that Silicon Valley, a global center for advanced technology and innovation in California, was established with substantial U.S. government support and since then, many kinds of technology have proved to be pivotal for the United States military.

However, with the tech industry's reluctance to collaborate with the military paired with the U.S. government’s cumbersome procurement process and insufficient funding, maintaining the country’s technological superiority in defense sectors could become increasingly challenging. He argues that now is the time for Silicon Valley and the government to close the divide between them in order to ensure national security and maintain global standing in the face of evolving threats.

Click here to read the full opinion. To view Peter’s archive and latest pieces in The Washington Post, click here.


About Lazard

Founded in 1848, Lazard is the preeminent financial advisory, private capital advisory, and asset management firm, with operations in North and South America, Europe, the Middle East, Asia, and Australia. Lazard provides advice on mergers and acquisitions, capital markets and capital solutions, restructuring and liability management, geopolitics, and other strategic matters. Lazard also advises private markets sponsors and investors on primary fundraising, secondary transactions, and GP capital solutions, and provides asset management and investment solutions to institutions, corporations, governments, partnerships, family offices, and high net worth individuals. Lazard is listed on the New York Stock Exchange as Lazard, Inc. under the ticker LAZ. For more information, please visit Lazard.com and follow Lazard on LinkedIn.