
On Monday, the long-running indie rock band Deerhoof made an announcement: it was pulling its music from Spotify.
The impetus was Spotify founder Daniel Ek's newest investment in Helsing, the German defense group that makes AI and drones. Helsing raised 600 million euros in its most recent funding round, which was led by Ek's venture capital firm Prima Materia. "Helsing is benefiting from a surge of investment in defence groups, as a highly charged geopolitical environment spurs nations all over the world to increase military spending and the war in Ukraine triggers a rethink of battlefield technology," the Financial Times wrote of the inve …