Peter Thiel at the Bitcoin conference in Miami, Florida, in April 2022. eter Thiel has a terrible case of RBF reclusive billionaire face. The firm, which launched in 2003 with backing from right-wing libertarian tech investor Peter Thiel and America's Central Intelligence Agency (CIA), builds programs that integrate massive data sets and spit out connections and patterns in user-friendly formats. For Q1, Palantir announced adjusted EPS of $0.02, . Palantir shares sold to the public for the first time on Wednesday via an unusual direct listing, Palantir's software is used by US immigration authorities to find undocumented immigrants to deport, Palantir co-founder Peter Thiel helped Donald Trump's 2016 campaign, though he is reportedly sitting out this election cycle, Palantir boss Alex Karp favours athletic wear, Palantir recently moved its headquarters from Silicon Valley to Colorado, home of US military bases, Woman shot dead after pulling into wrong driveway, Man charged with shooting boy who knocked wrong door, US accuses Brazil's Lula of parroting war propaganda, DeSantis floats idea of state prison near Disney park, US diplomatic convoy attacked in Sudan - Blinken, Bear captured after killing Alpine jogger, FBI makes arrests over US Chinese 'police stations'. I'll release my thoughts on the new demo day offerings when they are released in 2 weeks. In 2004, the internet entrepreneur founded a data-analytics company called Palantir Technologies (after the "seeing stones" used in The Lord of the Rings), which has been backed by the venture. Additional information is available at https://www.palantir.com. The BBC is not responsible for the content of external sites. The firm - sometimes described as the "scariest" of America's tech giants - got its start working with US soldiers in Iraq and Afghanistan, but now supplies software to police departments, other public agencies and corporate clients. By combining the strengths of Sompo and Palantir, Palantir Japan promotes the security, health, and wellbeing of Japanese society through its work with customers across government and commercial sectors. But Palantir's rise has been shadowed by concerns from privacy experts, who say the firm's tools enable surveillance and analysis of data - everything from drivers licenses and social media posts to DNA swabs - that skirts people's right to privacy and is ripe for abuse. We have some of the most robust safeguards in the world for data, and worked extensively on these proposals with privacy groups, clinicians and patients.. Merck KGaA, Darmstadt, Germany, and Palantir have already proven to be successful in using collaborative data analytics to help common customers minimize quality deviations and increase efficiencies. Well, according to one school of thought, consternation about the potential partnership is misplaced. For more information about Athinia, visit the website or social media channels: LinkedInYouTubeTwitter. Capacity is limited, and registration will close 24 hours prior to the event. A second NHS official is set to join for Palantir after it was reported that the US software company has emerged as a "front-runner" for a 360million contract. Read about our approach to external linking. In recent months it has poached two top executives from the NHS, including the former head of artificial intelligence, and it is angling to get a five-year, 360m contract to manage the personal health data of millions of patients. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Around 58,000 employees work to make a positive difference to millions of people's lives every day by creating more joyful and sustainable ways to live. Fujitsus partnership with Palantir Japan demonstrates its ongoing commitment to leveraging world-class technology while promoting sustainable DX for its customers. The firm helps analyse huge volumes of data from governments and others, and sorts through the tangle for useful insights, patterns and connections. "Data integration at this scale for the government is very complex and I think if you tried to stop spending on that and it just goes away, you're going to have some big problems," he said. And while no one is entirely sure about the extent of everything Palantir does, the general consensus seems to be that it has access to a huge amount of data. "With the successful completion of FedRAMP and IL4 and IL5 accreditation on Microsoft Azure Commercial and Azure Government, Palantir and Microsoft are prepared to bring best in breed solutions to the federal government," said Akash Jain, President, Palantir USG. The NHS has failed to win public trust in previous schemes to use sensitive patient data. These statements are subject to risks and uncertainties, many of which involve factors or circumstances that are beyond our control. Open Democracy said it had launched the legal action over Palantir's long-term involvement in the analysis of vast amounts of public health data. In fact, the firm has effectively become the bogeyman of surveillance tech. I dont know exactly what Palantir wants with the NHS but I do know its worth keeping an eye on it. Ministers have disclosed in parliamentary answers that the patient information project does not require a public consultation before the five-year contract is tendered or additional patient consent. Prospective investors have to be "comfortable" with the firm's leaders - especially since, under the terms of the listing, they will continue to wield outsize voting power over the firm, even after ownership shifts to the public, said Mark Moerdler, senior research analyst at Bernstein Research. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. May 8th, after market closes. DENVER, April 17, 2023 /PRNewswire/ -- Palantir Technologies Inc. (NYSE: PLTR) announced today that results for its first quarter ended March 31, 2023 will be released on Monday, May 8, 2023, following the close of U.S. markets.Palantir will host a webcast to discuss its results at 3:00 PM MT / 5:00 PM ET. How Palantir Is Helping To Reduce Wait Times for Cancer Patients, I Asked Chat GPT to explain how Palantir has the most disruptive Technology, Palantir's New Press Release: Apollo is Coming, Palantir has just released a press release that can be read. "With Palantir Federal Cloud Service's FedRAMP authorization on Microsoft Azure, defense organizations have even more solutions available to them to meet their critical mission needs," said Wes Anderson, Vice President, Defense, Microsoft Federal. My school of thought, meanwhile, is best summarised as: yikes. It says it has a team focused on civil liberties issues, but it is the government's job to craft policy, not Silicon Valley's. Im not being deliberately mean-spirited, just stating the indisputable fact that the tech entrepreneur, a co-founder of PayPal, doesnt exactly give off feel-good vibes. It will also help fabs manage faster innovation in manufacturing processes in a single, secure platform that will support improved incoming material quality and increase supplier engagement. Palantir's Foundry Marketplace: A Potential Game Changer for Enterprise Software Development, Chamath Palihapitiya Seems to be Talking About Palantir, Every Hospital in England Told to Upload Patient Data to Palantir's Foundry Software, Palantir Left Silicon Valley To Actually Focus on Innovation, A Company Tried To Sue Over Palantir's Usage, Healthcare needs a solution, and Palantir has many, Palantir Is GAAP Profitable & That Matters, Why Palantir Has Massive Stock Based Compensation, Alex Karp on the Moral Responsibility to Shareholders, I Translated A New Palantir Press Piece from Sweden, Palantir Bringing Intelligence and operations to the Edge with Skykit, Alex Karp's latest Palantir Interview on Valuation & Competition. DENVER, April 17, 2023 /PRNewswire/ -- Palantir Technologies Inc. PLTR -0.17% + Free Alerts announced today that results for its first quarter ended March 31, 2023 will be released on Monday, May. The contract notice for the project is waiting to be signed off by the health secretary, Steve Barclay, and will be issued in the coming weeks. Media ContactLisa Gordon[emailprotected], Cision Distribution 888-776-0942 Date: 10 June, 2020 "Fiserv is operating in an increasingly complex global environment - supporting financial institutions and businesses in a world that never powers down. from 8 AM - 9 PM ET. Palantir Announces Date of First Quarter 2023 Earnings Release and Webcast. "Our partnership with IBM combines our forces to put our joint solution into the hands of the institutions and people who need it most and will propel the world's most critical institutions into an unprecedented new digital age. February 5, 2021 by Palantir Media DENVER-- ( BUSINESS WIRE )--Palantir Technologies Inc. (NYSE:PLTR) and bp (NYSE:BP) have extended their partnership to support bp as it works towards its ambition to become a net zero company by 2050 or sooner, and to help the world get to net zero. In 2020, we generated $1.1 billion in revenue, up 47% year-over-year. A spokesperson for Palantir confirmed to . Forward-looking statements are based on information available at the time those statements are made and were based on current expectations as well as the beliefs and assumptions of management as of that time with respect to future events. Palantir's New Press Release: Apollo is Coming Palantir has just released a press release that can be read here. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Q2 2021 Highlights Total revenue grew 49% year-over-year to $376 million US commercial revenue grew 90% year-over-year Closed 62 deals of $1 million or more, of which: 30 deals are $5 million or more Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, https://www.ibm.com/products/palantir-cloud-pak-for-data, From Roadblock to Scale: The Global Sprint Towards AI, IBM to Announce First-Quarter 2023 Financial Results, IBM Furthers Flexibility, Sustainability and Security within the Data Center with New IBM z16 and LinuxONE 4 Single Frame and Rack Mount Options. If you would like to submit a letter of up to 300 words to be considered for publication, email it to us at guardian.letters@theguardian.com, Original reporting and incisive analysis, direct from the Guardian every morning. Delivered today. "We think it's very hard to switch away from once you're in as a customer.". from 8 AM - 9 PM ET. Its certainly keeping an eye on you. We will not release or resell your information to third parties without your permission. Big data and analytics player Palantir's stock has already lost about 21% of its value year-to-date in 2022, underperforming the S&P 500 which is down by about 6%. . If you change your Facebook permissions to restrict Stockhouse from receiving your email while joining or signing in to Stockhouse then it will fail. And to be fair, even if you think Thiel is a creepy dude with creepy beliefs, it is important to note that he is not the only guy in charge of Palantir: the company was co-founded in 2003 by Alex Karp, who is still the CEO; he voted for Hillary Clinton and has described himself as a progressive (although, considering his affinity for the military, he certainly has a different view of progress than I do). The product is being designed to help users securely build and deploy AI applications with that data quickly, to rapidly complement and extend existing enterprise systems and accelerate their digital transformation. Palantir is making this event semi-exclusive, which is why they are requiring people to apply to come to the event - likely to prospect leads to close more deals vs. having it be openly public. LONDON-- ( BUSINESS WIRE )--Palantir Technologies Inc. (NYSE:PLTR) announced today the renewal of its contracts with the United Kingdom's Royal Navy for its Palantir Foundry platform. Palantir will host a webcast to discuss its results at 3:00 PM MT / 5:00 PM ET. https://app.saytechnologies.com/palantir-2023-q1, https://www.prnewswire.com/news-releases/palantir-announces-date-of-first-quarter-2023-earnings-release-and-webcast-301799170.html, Do Not Sell My Personal Data/Privacy Policy. But Foxglove, the non-profit legal team handling the case for Open Democracy, said any new contract needed a new impact assessment. For more information, please see https://www.palantir.com or email media@palantir.com. Palantir has just released a press release that can be read here. In case you are a resident of the USA or Canada please go to www.emdgroup.com/subscribe to register for your online subscription of this service as our geo-targeting requires new links in the email. "The semiconductor industry is facing unprecedented disruption. Palantir will host a webcast to discuss its results at 3:00 PM MT / 5:00 PM ET. Additional information is available at https://www.palantir.com. Palantir, founded by Silicon Valley billionaire and close Trump ally Peter Thiel, is a data-mining firm best known for supporting the CIA's counterinsurgency and intelligence operations in Iraq. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Read our press releases for the latest customer and financial announcements. With Palantir's extensive track record in solving complex challenges and our own robust customer base and wide-ranging industry expertise, we will offer solutions that embody Fujitsu's purpose-driven mission and endeavor together to deliver new value to our customers in Japan.". Merck KGaA, Darmstadt, Germany, has recently worked with leading semiconductor companies to leverage AI and data analytics for solving key challenges. The BBC is not responsible for the content of external sites. While it is hardly unusual for a billionaire to throw money at conservative politicians, Thiel is notable for expressing disdain for democracy, and funding far-right candidates who have peddled Trumps dangerous lie that the election was stolen from him. The neonatal intensive care unit at Burnley General hospital, Lancashire. Ahead of the firm's listing, Amnesty International issued a report saying the firm was failing its responsibility as a company to protect human rights with inadequate due diligence into who it is working for. We share IBM's commitment to the adoption of responsible and ethical AI. DENVER, April 5, 2023 /PRNewswire/ -- Palantir Technologies Inc. (NYSE: PLTR) today announced that Palantir Federal Cloud Service (PFCS) achieved FedRAMP authorization and accreditation to support workloads at U.S. Department of Defense (DoD) Impact Level (IL) 4 and DOD IL5 on Microsoft Azure. palantir. 17, 2023, 04:05 PM. Palantir Technologies Inc. (NYSE: PLTR, "Palantir"), a leading builder of operating systems for the modern enterprise, and Concordance Healthcare Solutions LLC, one of the largest, independent. February 17, 2022 by Palantir Media DENVER-- ( BUSINESS WIRE )-- Palantir Technologies Inc. (NYSE:PLTR) today announced financial results for the fourth quarter and fiscal year ended December 31, 2021. Laura Matz, Chief Science and Technology Officer of Merck KGaA, Darmstadt, Germany,will lead the partnership as CEO of Athinia. Additional information regarding these and other risks and uncertainties is included in the filings we make with the Securities and Exchange Commission from time to time. "The government shouldn't use the pandemic as an excuse to embed major tech firms like Palantir in the NHS without consulting the public," said director Cori Crider. These risks and uncertainties include our ability to meet the unique needs of our customer; the failure of our platforms to satisfy our customer or perform as desired; the frequency or severity of any software and implementation errors; our platforms' reliability; and our customer's ability to modify or terminate the contract. You might never have heard of tech billionaire Peter Thiels CIA-backed analytics company. investors@palantir.com, View original content to download multimedia:https://www.prnewswire.com/news-releases/palantir-announces-date-of-first-quarter-2023-earnings-release-and-webcast-301799170.html, Get the latest news and updates from Stockhouse on social media, Stockhouse.com uses cookies on this site. Once a notoriously secret firm, it was founded with support from the US Central Intelligence Agency in 2003, and has been linked to efforts to track undocumented migrant workers in America in recent years. BREAKING: Palantir Expands Their Microsoft Partnership to The Public Sector, Airbus and Palantir: A Partnership for Innovation in Aerospace, Revolutionizing IoT: How Palantir's Foundry is Changing the Game for Smart Devices, Palantir's Foundry for Builders: An AI-Powered Solution for Startups, Palantir: Landing High-Value Contracts for Aviation Safety, Palantir: The Data Analytics Powerhouse in the Medical Industry, Palantir: The Monopoly Machine Built on Peter Thiels Zero to One Philosophy. It will now run for two years, and cost 23.5m. And at its direct listing on Wednesday, in which investors sold some of their existing shares to the public, shares opened at $10 each - above the $7.25 reference price - giving it a value of roughly $22bn. In the first half of 2020, Palantir revenue rose 49% year-on-year, topping $480m (373m). This includes businesses in retail, financial services, manufacturing, healthcare and telecommunications. Winning the contract would be a coup for Palantir, which was initially contracted to work with the NHS during the Covid pandemic on a nominal fee of just 1. And as Palantir starts to trade publicly, scrutiny has only grown. DARMSTADT, Germany,and DENVER, Dec. 7, 2021 /PRNewswire/ -- Merck KGaA, Darmstadt, Germany, a leading science and technology company, andPalantir Technologies Inc. (NYSE:PLTR), a leading builder of operating systems for the modern enterprise,today announced a new partnership to deliver a secure collaborative data analytics platform for the semiconductor industry. There are worries that the company will then entrench itself further into the health system. We also use them to share usage information with our partners. PFCS on Azure Government meets Defense Federal Acquisition Regulation Supplement (DFARS) requirements and can support both Controlled Unclassified Information (CUI) and International Traffic in Arms Regulations (ITAR) workloads. Companies that register may already have a sharper desire to buy the product. By combining Palantirs powerful platforms and success across industries with Fujitsus information and communication technology (ICT) capabilities and extensive experience supporting customers in their DX journeys, the partners will enable Japanese customers to achieve transformational outcomes against their core missions. ", Learn more about the partnership by visiting: https://www.ibm.com/products/palantir-cloud-pak-for-data. Palantir for IBM Cloud Pak for Data is being designed to help combine data from suppliers, CRM applications, sales orders and production data with models for campaign optimization, call center optimization,and attrition prediction/prevention in order to improve customer care and increase value across multiple business objectives. Palantir CEO Alex Karp on Responsible AI in Warfare | REAIM 2023. This article was amended on 22 and 24 November 2022 to include additional clarifying comments from NHS England, regarding the extraction of data from shared care records, and from Dr Nicola Byrne on advice given for creating trust in the platform. Read about our approach to external linking. The initial deal "was a short-term, emergency response to the pandemic. "The datastore is the largest pool of patient data in UK history. - Healthcare: Data silos have long plagued the healthcare industry potentially preventing data analysis that could improve business processes and overall care. COLUMBIA, Md. Theyve got no place in the NHS.. By providing my email, I consent to receiving investment related electronic messages from Stockhouse. A live webcast and replay will be available at investors.palantir.com, and participants can pre-register here. "Together, IBM and Palantir aim to make it easier than ever for businesses to put AI to work and become data-driven throughout their operations. Palantir was co-founded in 2003 by Thiel, a tech entrepreneur and major donor to the Republican party. One official said: Only people with a need to access patient identifiable information in a shared care record will be able to access information pulled from the record for use in the platform.. Apr. These - a source told me - have included work with GCHQ's cyber-spies as well as publicly declared work for the Ministry of Defence. The launch of the legal case coincides with the release of details about Palantir's lobbying of the UK government by the Bureau of Investigative Journalism in partnership with Sky News. I strongly agree with the aims and ambitions of the federated data platform programme, she said. In 2019, the firm brought in $743m in revenue, up 25% from the year before, with some 60% of sales from outside the US. Open Democracy and Foxglove are crowdfunding 60,000 for the costs of the case. "If they can make the product critical to an organisation, it can be sticky, but the road there is long," he said. But while Palantir might like to highlight the lives it helps save, it has also been accused of having "blood on its hands" by civil rights protesters. Fujitsu Limited, Palantir Technologies Japan (Palantir Japan), and Palantir Technologies Inc. (Palantir) announced an agreement that the three companies have formed a strategic partnership to bring world-class technology to the Japanese market and accelerate Japans Digital Transformation (DX) initiatives. It is designed to provide an easy to use "no-code/low-code" environment for building applications that use AI to inform data-driven decision making and automate tasks and processes. Palantir Japan aims to promote our cutting-edge technology by cooperating with partners like Fujitsu to accelerate digital transformation for the most important institutions and in Japanese society as a whole.. The Financial Times recently reported that Palantir is gearing up to become the underlying data operating system for the NHS. Palantir has often been a frequent target of scrutiny by privacy campaigners. And Palantir has said it is well-poised to continue to win government work, thanks to a lawsuit it won against the US military in 2016, which requires the government to consider commercially available products first. This press release was to inform the public that on April 27th, 2022, we will get a product demo day for one of Palantir's most complex products - Apollo. The NHS is being taken to court over its contract with controversial US data firm Palantir. "We worked with Merck KGaA, Darmstadt, Germany, to create a data sharing platform that enabled advanced predictive manufacturing for chemical mechanical polishing (CMP), a critical step in the semiconductor manufacturing process. Thiel was famously one of Donald Trumps biggest donors in 2016; this year, he is one of the biggest individual donors to Republican politics. However, some have questioned whether these measures go far enough. The spokesperson added that each trust and integrated care board would determine how they will use their own data platform, and that no data will be extracted from local shared care records without there being a clear legal basis to do so. This press release was to inform the public that on April 27th, 2022, we will get a product demo day for one of Palantir's most complex products - Apollo. Its nearly $22bn opening valuation was only a bit higher than the $20bn private investors valued the firm when it fundraised five years ago. Its all too easy to imagine that scenario because (apart from the torturing kittens part, obviously), that is basically how the 54-year-old billionaire already spends his days. DENVER-- ( BUSINESS WIRE )--Palantir Technologies Inc. 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