Latest Tech News

Stay updated with the latest in technology, AI, cybersecurity, and more

Filtered by: palantir Clear Filter

Benioff says he's 'inspired' by Palantir, but takes another jab at its prices

Marc Benioff is keeping an eye on Palantir . The co-founder and CEO of sales and customer service management software company Salesforce is well aware that investors are betting big on Palantir, which offers data management software to businesses and government agencies. "Oh my gosh. I am so inspired by that company," Benioff told CNBC's Morgan Brennan in a Tuesday interview at Goldman Sachs ' Communacopia+Technology conference in San Francisco. "I mean, not just because they have 100 times, y

How Palantir is mapping the nation’s data

When the U.S. government signs contracts with private technology companies, the fine print rarely reaches the public. Palantir Technologies, however, has attracted more and more attention over the past decade because of the size and scope of its contracts with the government. Palantir’s two main platforms are Foundry and Gotham. Each does different things. Foundry is used by corporations in the private sector to help with global operations. Gotham is marketed as an “operating system for global

Smart ring maker Oura’s CEO addresses recent backlash, says future is a ‘cloud of wearables’

Oura CEO Tom Hale is trying to set the record straight about the smart ring maker’s partnership with the Department of Defense (DoD) and data miner Palantir, which is used by defense, intelligence, and law enforcement agencies in the United States and elsewhere. At the Fortune Brainstorm Tech conference on Monday, Hale’s interview started off with a bang with his outright denial that the company was sharing user data with the government. “There was a lot of misinformation about this,” he said,

Palantir stock falls for sixth-straight day in longest losing streak since April 2024

Palantir shares sank further into correction territory Wednesday after six straight days of heavy selling. The slide marks the longest such streak for the artificial intelligence software company since April 2024, and brings shares down 18% from the recent intraday record. Shares closed in correction territory on Tuesday after accumulating a 15% loss from the highs. Wednesday's moves also dropped Palantir out of the 20 most valuable U.S. companies ranking. The software analytics company achiev

Palantir stock plummets 18% from highs in longest losing streak since April 2024

Palantir shares sank further into correction territory Wednesday after six straight days of heavy selling. The slide marks the longest such streak for the artificial intelligence software company since April 2024, and brings shares down 18% from the recent intraday record. Shares closed in correction territory on Tuesday after accumulating a 15% loss from the highs. Palantir's slide followed a broader market sell-off and came on the heels of a short seller report from Andrew Left's Citron Rese

Palantir stock plummets 20% from highs in longest losing streak since April 2024

Palantir shares sank into bear market territory Wednesday after six-straight days of heavy selling. The slide marks the longest such streak for the artificial intelligence software company since April 2024, and brings shares down 20% from the recent record. Shares closed in correction territory on Tuesday after accumulating a 15% loss from the highs. Palantir's slide followed a broader market selloff and came on the heels of a short-seller report from Andrew Left's Citron Research. He called t

Palantir stock slumps 9%, falling for a fifth straight day from record

CEO of Palantir Technologies Alex Karp attends the Pennsylvania Energy and Innovation Summit on the campus of Carnegie Mellon University in Pittsburgh, Pennsylvania on July 15, 2025. Palantir 's stock slumped more than 9% on Tuesday, falling for a fifth straight day to continue its pullback from all-time highs. The artificial intelligence software provider's stock has slid more than 15% over the last five trading sessions, after a stellar earnings report earlier this month propelled shares to

Decoding Palantir, the Most Mysterious Company in Silicon Valley

And this is something that appeals to, I mean, if you are a high up person at the company and you know that you need to get some sort of product, let's say you're not super technical, this is exactly the kind of rhetoric, visuals, et cetera, that might appeal to someone. Lauren Goode: It seems like secrecy is also embedded in the origins of the company. One of its early investors was in QTEL, which is the CIA's venture capital arm. And two of Palantir's cofounders are pretty well-known. Peter T

What does Palantir actually do?

Palantir is arguably one of the most notorious corporations in contemporary America. Cofounded by libertarian tech billionaire Peter Thiel, the software firm's work with Immigration and Customs Enforcement, the US Department of Defense, and the Israeli military has sparked numerous protests in multiple countries. Palantir has been so infamous for so long that, for some people, its name has become a cultural shorthand for dystopian surveillance. But a number of former Palantir employees tell WIR

Palantir's astronomical growth in 3 charts

In this article PLTR Follow your favorite stocks CREATE FREE ACCOUNT Alexander Karp, chief executive officer and co-founder of Palantir Technologies Inc. Scott Eelis | Bloomberg | Getty Images Palantir 's astronomical rise since its public debut on the New York Stock Exchange in a 2020 direct listing has been nothing short of a whirlwind. Over nearly five years, the Denver-based company, whose cofounders include renowned venture capitalist Peter Thiel and current CEO Alex Karp, has surged more

3 charts that show Palantir's astronomical growth over the last five years

In this article PLTR Follow your favorite stocks CREATE FREE ACCOUNT Alexander Karp, chief executive officer and co-founder of Palantir Technologies Inc. Scott Eelis | Bloomberg | Getty Images Palantir 's astronomical rise since its public debut on the New York Stock Exchange in a 2020 direct listing has been nothing short of a whirlwind. Over nearly five years, the Denver-based company, whose cofounders include renowned venture capitalist Peter Thiel and current CEO Alex Karp, has surged more

What Does Palantir Actually Do?

Palantir is arguably one of the most notorious corporations in contemporary America. Cofounded by libertarian tech billionaire Peter Thiel, the software firm's work with Immigration and Customs Enforcement, the US Department of Defense, and the Israeli military has sparked numerous protests in multiple countries. Palantir has been so infamous for so long that, for some people, its name has become a cultural shorthand for dystopian surveillance. But a number of former Palantir employees tell WIR

What Does Palantir Actually Do?

Palantir is arguably one of the most notorious corporations in contemporary America. Cofounded by libertarian tech billionaire Peter Thiel, the software firm's work with Immigration and Customs Enforcement, the US Department of Defense, and the Israeli military has sparked numerous protests in multiple countries. Palantir has been so infamous for so long that, for some people, its name has become a cultural shorthand for dystopian surveillance. But a number of former Palantir employees tell WIR

Palantir is extending its reach even further into government

President Donald Trump’s administration has dramatically expanded its work with Palantir, elevating the company cofounded by Trump ally Peter Thiel as the government’s go-to software developer. Following massive contract terminations for consulting giants and government contractors like Accenture, Booz Allen, and Deloitte, Palantir has emerged ahead. Now the data analytics firm is partnering with those companies—offering them a lifeline while consolidating its own power. Palantir has become one

Palantir Is Extending Its Reach Even Further into Government

President Donald Trump’s administration has dramatically expanded its work with Palantir, elevating the company cofounded by Trump ally Peter Thiel as the government’s go-to software developer. Following massive contract terminations for consulting giants and government contractors like Accenture, Booz Allen, and Deloitte, Palantir has emerged ahead. Now the data analytics firm is partnering with those companies—offering them a lifeline while consolidating its own power. Palantir has become one

Palantir lands $10 billion Army software and data contract

Alex Karp, CEO of Palantir, attending the annual Allen & Co. Media and Technology Conference in Sun Valley, Idaho on July 9th, 2025. Palantir has inked a contract with the U.S. Army worth up to $10 billion to meet growing warfare demands over the next decade. As part of the deal, Palantir will help the military streamline efficiencies while preparing for threats, consolidating 75 total contracts into one enterprise deal, the release states. The agreement creates a "comprehensive framework for

Palantir Is Extending Its Reach Even Further Into Government

President Donald Trump’s administration has dramatically expanded its work with Palantir, elevating the company cofounded by Trump ally Peter Thiel as the government’s go-to software developer. Following massive contract terminations for consulting giants and government contractors like Accenture, Booz Allen, and Deloitte, Palantir has emerged ahead. Now the data analytics firm is partnering with those companies—offering them a lifeline while consolidating its own power. Palantir has become one

Palantir joins list of 20 most valuable U.S. companies, with stock more than doubling in 2025

Alex Karp, CEO of Palantir Technologies, speaks on a panel titled Power, Purpose, and the New American Century at the Hill and Valley Forum at the U.S. Capitol on April 30, 2025 in Washington, DC. Palantir has hit another major milestone in its meteoric stock rise. It's now one of the 20 most valuable U.S. companies. The provider of software and data analytics technology to defense agencies saw its stock rise about 3% on Friday to another record, lifting the company's market cap to $375 billio

Palantir Goons Reportedly Want to Remake Hollywood Into a Libertarian Dream Factory

Rightwing forces in the U.S. have long coveted a key fixture of American liberalism’s soft power: Hollywood. The “dream factory” that deeply influences the ways Americans see themselves and the world around them has often been accused of (perhaps rightfully so) having a liberal bent. Now, it appears that a group with ties to America’s military-industrial complex has a plan to take over Tinseltown and mold it in their own image. Semafor writes that a new production company with ties to a current

Stephen Miller Owns Stock in Notorious ICE Collaborator Palantir

Stephen Miller, a senior advisor to President Donald Trump, is well known as one of the most extreme anti-immigrant voices in the administration. But he’s not just a ghoul driven by far-right ideology to rid the U.S. of anyone who’s not white. Miller also appears to be making some money in the process, thanks to his stock ownership in a company that’s helping the U.S. government rip apart immigrant families through deportation. Miller owns anywhere from $100,000 to $250,000 in Palantir stock, a

US Army Appoints Palantir, Meta, OpenAI Execs as Lt. Colonels

Four senior executives at Palantir, Meta, and OpenAI have been formally appointed lieutenant colonels in the US Army following the creation of a “special” unit created for rich Big Tech mavens seeking military leadership roles. On June 13, the Army announced the creation of Detachment 201, otherwise known as the “Executive Innovation Corps,” which it describes as “a new initiative designed to fuse cutting-edge tech expertise with military innovation.” Four ultra-wealthy executives from top tec