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What is Palantir, really - data broker, data miner, or a giant database. Even ex-employees struggle to explain

What is Palantir, really - data broker, data miner, or a giant database. Even ex-employees struggle to explain

Economic Times4 days ago
Synopsis
For years, Palantir Technologies has been the Rorschach test of the tech world. To some, it's the Pentagon's favorite data crystal ball; to others, it's a black box for mass surveillance. Even ex-employees stumble when asked: Is Palantir a data broker, a data miner, or just a massive, overhyped database? The truth is messier—and far more consequential—than any single label.
Reuters Palantir Technologies is one of the most powerful yet misunderstood names in data intelligence. Through its Gotham and Foundry platforms, it turns scattered information into clear, real-time insights for governments and businesses. From a $10 billion U.S. Army deal to NHS England's health data system and Israel's AI defense tools, Palantir's footprint reaches from battlefields to hospitals. Ask a Palantir engineer what they build and you might get a shrug, a heavily redacted answer, or a question back: 'Which client are you talking about?' Even former staff, no longer bound by NDAs, have trouble pinning the company down. Is it a data broker? A data miner? A vast warehouse of information? It's none of those in the purest sense—and yet, at times, it feels like all of them at once.
Palantir Technologies is rewriting the rules of data power — and sparking fierce debate along the way. The secretive tech giant, behind billion-dollar deals with the U.S. Army, NHS England, and Israel's defense forces, has built platforms that turn scattered data into instant, actionable intelligence. Its stock has surged 141% in 2025, revenue just crossed $1 billion, and its influence now stretches from war zones to hospital wards. But with that growth comes urgent questions about privacy, surveillance, and who controls the world's most critical decisions — questions no one, not even Palantir's own insiders, can fully answer. Palantir doesn't 'sell' your personal data the way a traditional data broker does. It doesn't scrape the web for ad targeting like Google, and it's not merely a warehouse for raw files.
Palantir doesn't traffic in consumer data the way Acxiom or Experian might. It doesn't scrape social media for advertising profiles. And it's not a 'giant database' you can browse like an index. What it sells is integration intelligence. Its flagship platforms—Gotham for governments, Foundry for corporations—ingest fractured, messy datasets from incompatible sources, link them into a coherent network, and give decision-makers a real-time map of whatever problem they're facing. A military commander might see troop positions layered over satellite imagery, logistics flows, and intelligence reports in a single view. A health service might merge patient records, lab results, and regional hospital capacity to anticipate ICU shortages. The raw data still belongs to the client—but the narrative of that data is shaped by Palantir's software. Instead, its core products—Gotham (for governments) and Foundry (for corporations)—are integration engines. They take in oceans of disparate, messy, and often classified data, then fuse them into a live, searchable, and highly visual map of reality. Think of it as turning a thousand incompatible spreadsheets, video feeds, and intelligence reports into a single operational dashboard that decision-makers can actually use. The data stays with the client—but Palantir's algorithms decide how that data talks to itself. This is why the CIA, the U.S. Army, the NHS in the UK, and even major hedge funds pay staggering sums for it: because in high-stakes situations, speed of insight can be worth more than the data itself. Tailored for government agencies, particularly in defense and intelligence, Gotham enables users to connect and analyze disparate data sources. It's not just about data storage; it's about making sense of vast amounts of information to inform critical decisions. Designed for commercial enterprises, Foundry facilitates the integration and analysis of data across various systems. It empowers businesses to streamline operations, detect anomalies, and drive efficiency through data-driven strategies. Apollo serves as the backbone for continuous integration and delivery across all environments. It ensures that Palantir's platforms, like Gotham and Foundry, remain updated and adaptable, meeting the evolving needs of users. AIP connects AI with data and operations, driving automation across processes. It's designed to scale across all types of end users, from developers to frontline personnel, enabling real-time, AI-driven decision-making in critical contexts . Palantir's influence has grown not just in scope but in permanence. This year alone: U.S. Army : A 10-year deal worth up to $10 billion , consolidating 75 contracts into one, effectively making Palantir's platform the Army's digital nervous system.
: A 10-year deal worth up to , consolidating 75 contracts into one, effectively making Palantir's platform the Army's digital nervous system. Department of the Treasury : A 2025 contract to bolster financial tracking, critical in anti-money laundering and sanctions enforcement.
: A 2025 contract to bolster financial tracking, critical in anti-money laundering and sanctions enforcement. Department of Transportation : $3.2 million to unify federal infrastructure data—a small contract, but strategically placed.
: $3.2 million to unify federal infrastructure data—a small contract, but strategically placed. NHS England : In 2023, a £330 million win for a 'federated data platform' uniting siloed health records.
: In 2023, a win for a 'federated data platform' uniting siloed health records. Israel Defense Ministry: In January 2024, expanded AI-driven battlefield tools for operations in Gaza. These aren't one-off projects. They're system embeds. Once Palantir is in, it's hard—and expensive—to rip out. In Q2 2025, Palantir broke the billion-dollar revenue mark for the first time—$1.004 billion, up 48% year-on-year. U.S. commercial revenue jumped 93% to $306 million, while government sales climbed 53% to $426 million. Net profit hit $326.7 million.
The stock, PLTR, has been on a tear—$185.77 as of August 13, 2025, a 141% gain since January. But it's also one of the most expensive equities in the S&P 500, with a forward P/E ratio north of 200. That's speculative territory. Investors aren't just buying Palantir's earnings; they're betting on its future dominance. Palantir's contracts often live in politically charged terrain: Immigration enforcement : Civil rights groups allege its software enables ICE to track and detain undocumented immigrants.
: Civil rights groups allege its software enables ICE to track and detain undocumented immigrants. Predictive policing : Critics warn its algorithms could hardwire racial bias into law enforcement.
: Critics warn its algorithms could hardwire racial bias into law enforcement. Military AI: Its Israel contracts have drawn fire from human rights observers for their role in live combat decision-making. Palantir's line is consistent: 'We provide tools; clients decide how to use them.' That keeps the legal liability clean—but it does little to diffuse public distrust. One reason even employees struggle to describe Palantir is the compartmentalization. A developer might work on a logistics dashboard without knowing it's part of a military targeting system. The secrecy is partly for security, partly for plausible deniability. As one ex-employee told in 2024: 'It's like building a jigsaw puzzle without the box cover. You only see your corner, not the full picture. But somewhere, someone has the whole thing—and that's Palantir.' Palantir isn't shaping the future of data; it's shaping the future of decisions. Whether those decisions concern military strikes, pandemic responses, or financial crackdowns, the software's influence reaches well beyond its client list. It's not 'just a database,' 'just a miner,' or 'just a broker.' It's the scaffolding on which governments and corporations are building the next generation of strategic control. And once that scaffolding is in place, it's very hard to imagine the world without it. Q1: What is Palantir and how does it work? Palantir is a data analytics company that connects and analyzes large, complex datasets for governments and businesses.
Q2: Why is Palantir's role controversial? Its work in defense, surveillance, and law enforcement raises privacy and ethical concerns.
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The Palantir mafia behind Silicon Valley's hottest startups
The Palantir mafia behind Silicon Valley's hottest startups

Mint

time5 hours ago

  • Mint

The Palantir mafia behind Silicon Valley's hottest startups

Some of the buzziest startups in Silicon Valley share something in common: their founders once worked at Palantir. The founders lean on other ex-Palantir executives and engineers for support and financing, tapping the network for hiring and funding. Venture-capital firms have sprung up whose mission is to invest in companies founded by people with Palantir experience. Palantir, the data analysis firm co-founded by Peter Thiel, is best known as the rare Silicon Valley company that works with the U.S. military and intelligence agencies, including with the Trump administration's immigration crackdown. It also has many commercial clients. Its stock has quintupled in the last 12 months. In conversation, alumni will refer to themselves as the Palantir mafia. The invitation to a panel last October, hosted by venture fund South Park Commons in partnership with Palantir, advertised that 'several members of the 'Palantir Mafia'" would be speaking. There are WhatsApp groups and Signal chats for alumni to keep in touch—one is called 'Palantir Pals." Alumni have either started or are leading more than 350 tech companies, and at least a dozen have been valued at over $1 billion, says Luba Lesiva, who was head of investor relations at Palantir from 2014 to 2016. Lesiva runs a venture firm called Palumni VC, a play on the words Palantir alumni, which invests in startups founded or led by ex-Palantir employees. 'These engineers are dropped either in the middle of the desert or an office park in the Midwest with a server rack and a screwdriver," says Lesiva. 'Wherever they're sent, no one really wants to be there, but it's the high capacity for work and pain. They can chew glass." Ross Fubini, founder of venture firm XYZ Capital, made an investor pitch deck in 2017 where he predicted that Palantir would become the next 'founder mafia." 'VC interest in the Palantir mafia has increased in the last few years but it's been frenetic this last year," said Fubini, who has invested in over a dozen startups founded by Palantir alumni. 'They're just starting exceptional companies in hard industries." Palantir is known for producing good operators. A big appeal of the Palantir alumni is their common strategy, developed at Palantir, called 'forward-deployed engineering," which is basically a glorified term for consulting. Palantir software engineers often travel to their clients and embed themselves. Engineers can find themselves in conflict zones or locales as varied as Omaha or Oman. Once there, they use technological acumen to help solve their clients' thorniest and most vexing problems. Barry McCardel was a forward-deployed engineer at Palantir from 2014 to 2018. During his last two years at the company, he helped build a real-time monitoring platform for oil and gas giant BP to help the company analyze its oil wells around the world. He traveled every other week to places like Anchorage and Houston, Scotland and Azerbaijan. 'The magic of Palantir was we took proper software engineers, the type who had offers from Google and Facebook, and put them on planes and sent them to where the customers were," he said. 'That's not for everyone, and that's ok." A year after leaving Palantir, McCardel started building Hex Technologies, a data-analysis startup in 2019. To staff up, he and his co-founders—also ex-Palantir—turned to the mafia. That year, he went to a Halloween party of Palantir alumni in San Francisco where he, dressed as a grizzly bear, reconnected with a former co-worker, dressed as a bumblebee. He hired him as Hex's founding designer. In a little over five years at Palantir between 2012 to 2017, Nick Noone led the company's military special-operations deployment projects and traveled to Jordan, Iraq, Syria and Germany as a Palantir engineer. When Noone left in 2017 to start what would become Peregrine Technologies, a data-intelligence platform that now sells primarily to local government and law enforcement agencies, he applied that forward-deployed engineering approach. In 2017, Noone and his co-founder embedded themselves with the police department of San Pablo, a city about a 40-minute drive from San Francisco. The initial scope of the work was to enhance the agency's data-analytics tools. But soon, they were pulled in to help investigators solve a homicide case. They pieced together information from cellphone towers, historical police records and license plate data to help detectives create a timeline of where the murder suspects had been during the time of the crime. During the resulting murder trial, Noone was called as an expert witness, and the suspects were found guilty. This experience in assisting investigators became the bedrock of Peregrine. Earlier this year, the company began landing federal contracts. Peregrine closed a round of financing in March led by Sequoia Capital, valuing the company at $2.5 billion. Cobi Blumenfeld-Gantz worked on agricultural, military and national-security projects for Palantir for over six years, deploying with the Marines in deserts in the Middle East and East Asia, before starting Chapter, a Medicare and retirement-technology company. Blumenfeld-Gantz co-founded Chapter with Vivek Ramaswamy, biotech entrepreneur and Ohio governor candidate. Thiel is an investor and served on its board of directors for just under two years. The company today is valued at around $1.5 billion. 'I'm proud of the work I did for the government while at Palantir," Blumenfeld-Gantz says. 'I think most people who join Palantir can handle the nuances of the company." One of the highest-profile companies tapping into the Palantir alumni network is Anduril Industries, one of the few privately held tech companies to land contracts with the Defense Department. It includes three former Palantir employees on its founding team: Trae Stephens, Matt Grimm and Brian Schimpf. The company, which makes software and hardware products and systems for national-security operations, was last valued in June at $30.5 billion. Stephens said in a TV interview with Bloomberg Technology the round was eight to 10 times oversubscribed. Last summer, Stephens, in his role as an investor in Thiel's venture firm Founders Fund, hosted a luxury camping trip in Sonoma, Calif., for Palantir alumni. Stephens kicked off the two-day trip with brief opening remarks that touched on nostalgia from his days at Palantir, according to people familiar with the matter. Among the couple dozen attendees who floated down the Russian River and went paintballing that weekend were founders, investors and operators in tech, including Ryan Beiermeister, vice president of public policy at OpenAI. Other names that frequently come up when alumni talk about the network include 8VC venture capitalist and Palantir co-founder Joe Lonsdale; Garry Tan, venture capitalist and chief executive of Y Combinator; and Melody Hildebrandt, chief technology officer at Fox Association with Palantir is delicate in some spheres. Shreya Murthy, founder of the event platform Partiful which is popular among Gen Z users, was recently criticized on social media for working at Palantir due to its government contracts after an article about her appeared in The Cut. 'I joined Palantir when I was 23 and met a lot of smart people that helped me learn what to do (and not do) when running a company," Murthy said in an email statement. 'I left and chose to build something different, aligned with my values and passions." 'We do recognize that it can come with baggage," said Pratap Ranade, an engineer who joined Palantir when it acquired his first startup in 2016. He says he's proud of his work there and doesn't hide his experience. Ranade stayed at Palantir for nearly two years as a forward-deployed engineer and after leaving founded his second startup, Arena. The company makes AI-driven software to assist hardware engineers to test and fix machines, akin to J.A.R.V.I.S.—the fictional AI software that Tony Stark from Marvel Comics makes to power the Iron Man suit, among other hardware products. Write to Angel Au-Yeung at

What is Palantir, really - data broker, data miner, or a giant database. Even ex-employees struggle to explain
What is Palantir, really - data broker, data miner, or a giant database. Even ex-employees struggle to explain

Economic Times

time4 days ago

  • Economic Times

What is Palantir, really - data broker, data miner, or a giant database. Even ex-employees struggle to explain

Synopsis For years, Palantir Technologies has been the Rorschach test of the tech world. To some, it's the Pentagon's favorite data crystal ball; to others, it's a black box for mass surveillance. Even ex-employees stumble when asked: Is Palantir a data broker, a data miner, or just a massive, overhyped database? The truth is messier—and far more consequential—than any single label. Reuters Palantir Technologies is one of the most powerful yet misunderstood names in data intelligence. Through its Gotham and Foundry platforms, it turns scattered information into clear, real-time insights for governments and businesses. From a $10 billion U.S. Army deal to NHS England's health data system and Israel's AI defense tools, Palantir's footprint reaches from battlefields to hospitals. Ask a Palantir engineer what they build and you might get a shrug, a heavily redacted answer, or a question back: 'Which client are you talking about?' Even former staff, no longer bound by NDAs, have trouble pinning the company down. Is it a data broker? A data miner? A vast warehouse of information? It's none of those in the purest sense—and yet, at times, it feels like all of them at once. Palantir Technologies is rewriting the rules of data power — and sparking fierce debate along the way. The secretive tech giant, behind billion-dollar deals with the U.S. Army, NHS England, and Israel's defense forces, has built platforms that turn scattered data into instant, actionable intelligence. Its stock has surged 141% in 2025, revenue just crossed $1 billion, and its influence now stretches from war zones to hospital wards. But with that growth comes urgent questions about privacy, surveillance, and who controls the world's most critical decisions — questions no one, not even Palantir's own insiders, can fully answer. Palantir doesn't 'sell' your personal data the way a traditional data broker does. It doesn't scrape the web for ad targeting like Google, and it's not merely a warehouse for raw files. Palantir doesn't traffic in consumer data the way Acxiom or Experian might. It doesn't scrape social media for advertising profiles. And it's not a 'giant database' you can browse like an index. What it sells is integration intelligence. Its flagship platforms—Gotham for governments, Foundry for corporations—ingest fractured, messy datasets from incompatible sources, link them into a coherent network, and give decision-makers a real-time map of whatever problem they're facing. A military commander might see troop positions layered over satellite imagery, logistics flows, and intelligence reports in a single view. A health service might merge patient records, lab results, and regional hospital capacity to anticipate ICU shortages. The raw data still belongs to the client—but the narrative of that data is shaped by Palantir's software. Instead, its core products—Gotham (for governments) and Foundry (for corporations)—are integration engines. They take in oceans of disparate, messy, and often classified data, then fuse them into a live, searchable, and highly visual map of reality. Think of it as turning a thousand incompatible spreadsheets, video feeds, and intelligence reports into a single operational dashboard that decision-makers can actually use. The data stays with the client—but Palantir's algorithms decide how that data talks to itself. This is why the CIA, the U.S. Army, the NHS in the UK, and even major hedge funds pay staggering sums for it: because in high-stakes situations, speed of insight can be worth more than the data itself. Tailored for government agencies, particularly in defense and intelligence, Gotham enables users to connect and analyze disparate data sources. It's not just about data storage; it's about making sense of vast amounts of information to inform critical decisions. Designed for commercial enterprises, Foundry facilitates the integration and analysis of data across various systems. It empowers businesses to streamline operations, detect anomalies, and drive efficiency through data-driven strategies. Apollo serves as the backbone for continuous integration and delivery across all environments. It ensures that Palantir's platforms, like Gotham and Foundry, remain updated and adaptable, meeting the evolving needs of users. AIP connects AI with data and operations, driving automation across processes. It's designed to scale across all types of end users, from developers to frontline personnel, enabling real-time, AI-driven decision-making in critical contexts . Palantir's influence has grown not just in scope but in permanence. This year alone: U.S. Army : A 10-year deal worth up to $10 billion , consolidating 75 contracts into one, effectively making Palantir's platform the Army's digital nervous system. : A 10-year deal worth up to , consolidating 75 contracts into one, effectively making Palantir's platform the Army's digital nervous system. Department of the Treasury : A 2025 contract to bolster financial tracking, critical in anti-money laundering and sanctions enforcement. : A 2025 contract to bolster financial tracking, critical in anti-money laundering and sanctions enforcement. Department of Transportation : $3.2 million to unify federal infrastructure data—a small contract, but strategically placed. : $3.2 million to unify federal infrastructure data—a small contract, but strategically placed. NHS England : In 2023, a £330 million win for a 'federated data platform' uniting siloed health records. : In 2023, a win for a 'federated data platform' uniting siloed health records. Israel Defense Ministry: In January 2024, expanded AI-driven battlefield tools for operations in Gaza. These aren't one-off projects. They're system embeds. Once Palantir is in, it's hard—and expensive—to rip out. In Q2 2025, Palantir broke the billion-dollar revenue mark for the first time—$1.004 billion, up 48% year-on-year. U.S. commercial revenue jumped 93% to $306 million, while government sales climbed 53% to $426 million. Net profit hit $326.7 million. The stock, PLTR, has been on a tear—$185.77 as of August 13, 2025, a 141% gain since January. But it's also one of the most expensive equities in the S&P 500, with a forward P/E ratio north of 200. That's speculative territory. Investors aren't just buying Palantir's earnings; they're betting on its future dominance. Palantir's contracts often live in politically charged terrain: Immigration enforcement : Civil rights groups allege its software enables ICE to track and detain undocumented immigrants. : Civil rights groups allege its software enables ICE to track and detain undocumented immigrants. Predictive policing : Critics warn its algorithms could hardwire racial bias into law enforcement. : Critics warn its algorithms could hardwire racial bias into law enforcement. Military AI: Its Israel contracts have drawn fire from human rights observers for their role in live combat decision-making. Palantir's line is consistent: 'We provide tools; clients decide how to use them.' That keeps the legal liability clean—but it does little to diffuse public distrust. One reason even employees struggle to describe Palantir is the compartmentalization. A developer might work on a logistics dashboard without knowing it's part of a military targeting system. The secrecy is partly for security, partly for plausible deniability. As one ex-employee told in 2024: 'It's like building a jigsaw puzzle without the box cover. You only see your corner, not the full picture. But somewhere, someone has the whole thing—and that's Palantir.' Palantir isn't shaping the future of data; it's shaping the future of decisions. Whether those decisions concern military strikes, pandemic responses, or financial crackdowns, the software's influence reaches well beyond its client list. It's not 'just a database,' 'just a miner,' or 'just a broker.' It's the scaffolding on which governments and corporations are building the next generation of strategic control. And once that scaffolding is in place, it's very hard to imagine the world without it. Q1: What is Palantir and how does it work? Palantir is a data analytics company that connects and analyzes large, complex datasets for governments and businesses. Q2: Why is Palantir's role controversial? Its work in defense, surveillance, and law enforcement raises privacy and ethical concerns.

What is Palantir, really - data broker, data miner, or a giant database. Even ex-employees struggle to explain
What is Palantir, really - data broker, data miner, or a giant database. Even ex-employees struggle to explain

Time of India

time4 days ago

  • Time of India

What is Palantir, really - data broker, data miner, or a giant database. Even ex-employees struggle to explain

Ask a Palantir engineer what they build and you might get a shrug, a heavily redacted answer, or a question back: 'Which client are you talking about?' Even former staff, no longer bound by NDAs, have trouble pinning the company down. Is it a data broker? A data miner? A vast warehouse of information? It's none of those in the purest sense—and yet, at times, it feels like all of them at once. Finance Value and Valuation Masterclass - Batch 4 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Finance Value and Valuation Masterclass - Batch 3 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals By Vaibhav Sisinity View Program Finance Value and Valuation Masterclass - Batch 2 By CA Himanshu Jain View Program Finance Value and Valuation Masterclass Batch-1 By CA Himanshu Jain View Program Palantir Technologies is rewriting the rules of data power — and sparking fierce debate along the way. The secretive tech giant, behind billion-dollar deals with the U.S. Army, NHS England, and Israel's defense forces, has built platforms that turn scattered data into instant, actionable intelligence. Its stock has surged 141% in 2025, revenue just crossed $1 billion, and its influence now stretches from war zones to hospital wards. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Undo But with that growth comes urgent questions about privacy, surveillance, and who controls the world's most critical decisions — questions no one, not even Palantir's own insiders, can fully answer. What Palantir actually does (and what it pointedly doesn't) Palantir doesn't 'sell' your personal data the way a traditional data broker does. It doesn't scrape the web for ad targeting like Google, and it's not merely a warehouse for raw files. Live Events Palantir doesn't traffic in consumer data the way Acxiom or Experian might. It doesn't scrape social media for advertising profiles. And it's not a 'giant database' you can browse like an index. What it sells is integration intelligence . Its flagship platforms— Gotham for governments, Foundry for corporations—ingest fractured, messy datasets from incompatible sources, link them into a coherent network, and give decision-makers a real-time map of whatever problem they're facing. A military commander might see troop positions layered over satellite imagery, logistics flows, and intelligence reports in a single view. A health service might merge patient records, lab results, and regional hospital capacity to anticipate ICU shortages. The raw data still belongs to the client—but the narrative of that data is shaped by Palantir's software. Instead, its core products— Gotham (for governments) and Foundry (for corporations)—are integration engines. They take in oceans of disparate, messy, and often classified data, then fuse them into a live, searchable, and highly visual map of reality. Think of it as turning a thousand incompatible spreadsheets, video feeds, and intelligence reports into a single operational dashboard that decision-makers can actually use. The data stays with the client—but Palantir's algorithms decide how that data talks to itself. This is why the CIA, the U.S. Army, the NHS in the UK, and even major hedge funds pay staggering sums for it: because in high-stakes situations, speed of insight can be worth more than the data itself. Palantir's Core Platforms Gotham Tailored for government agencies, particularly in defense and intelligence, Gotham enables users to connect and analyze disparate data sources. It's not just about data storage; it's about making sense of vast amounts of information to inform critical decisions. Foundry Designed for commercial enterprises, Foundry facilitates the integration and analysis of data across various systems. It empowers businesses to streamline operations, detect anomalies, and drive efficiency through data-driven strategies. Apollo Apollo serves as the backbone for continuous integration and delivery across all environments. It ensures that Palantir's platforms, like Gotham and Foundry, remain updated and adaptable, meeting the evolving needs of users. Artificial Intelligence Platform (AIP) AIP connects AI with data and operations, driving automation across processes. It's designed to scale across all types of end users, from developers to frontline personnel, enabling real-time, AI-driven decision-making in critical contexts . Palantir's 2025 contracts— and why it matters Palantir's influence has grown not just in scope but in permanence. This year alone: U.S. Army : A 10-year deal worth up to $10 billion , consolidating 75 contracts into one, effectively making Palantir's platform the Army's digital nervous system. Department of the Treasury : A 2025 contract to bolster financial tracking, critical in anti-money laundering and sanctions enforcement. Department of Transportation : $3.2 million to unify federal infrastructure data—a small contract, but strategically placed. NHS England : In 2023, a £330 million win for a 'federated data platform' uniting siloed health records. Israel Defense Ministry : In January 2024, expanded AI-driven battlefield tools for operations in Gaza. These aren't one-off projects. They're system embeds. Once Palantir is in, it's hard—and expensive—to rip out. Revenue, profit, and the Wall Street fever In Q2 2025, Palantir broke the billion-dollar revenue mark for the first time— $1.004 billion , up 48% year-on-year. U.S. commercial revenue jumped 93% to $306 million, while government sales climbed 53% to $426 million. Net profit hit $326.7 million . The stock, PLTR, has been on a tear— $185.77 as of August 13, 2025, a 141% gain since January. But it's also one of the most expensive equities in the S&P 500, with a forward P/E ratio north of 200. That's speculative territory. Investors aren't just buying Palantir's earnings; they're betting on its future dominance. The ethical pressure points Palantir's contracts often live in politically charged terrain: Immigration enforcement : Civil rights groups allege its software enables ICE to track and detain undocumented immigrants. Predictive policing : Critics warn its algorithms could hardwire racial bias into law enforcement. Military AI : Its Israel contracts have drawn fire from human rights observers for their role in live combat decision-making. Palantir's line is consistent: 'We provide tools; clients decide how to use them.' That keeps the legal liability clean—but it does little to diffuse public distrust. Why even insiders can't agree on what Palantir 'is' One reason even employees struggle to describe Palantir is the compartmentalization. A developer might work on a logistics dashboard without knowing it's part of a military targeting system. The secrecy is partly for security, partly for plausible deniability. As one ex-employee told in 2024: 'It's like building a jigsaw puzzle without the box cover. You only see your corner, not the full picture. But somewhere, someone has the whole thing—and that's Palantir.' The bigger stakes — and why this should matter to you Palantir isn't shaping the future of data; it's shaping the future of decisions . Whether those decisions concern military strikes, pandemic responses, or financial crackdowns, the software's influence reaches well beyond its client list. It's not 'just a database,' 'just a miner,' or 'just a broker.' It's the scaffolding on which governments and corporations are building the next generation of strategic control. And once that scaffolding is in place, it's very hard to imagine the world without it. FAQs: Q1: What is Palantir and how does it work? Palantir is a data analytics company that connects and analyzes large, complex datasets for governments and businesses. Q2: Why is Palantir's role controversial? Its work in defense, surveillance, and law enforcement raises privacy and ethical concerns.

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