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Palantir

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Palantir's commercial revenue overtakes government sales for first time, but deals shorten

Palantir reported third-quarter revenue of $2.31 billion, up 96% year over year and ahead of analyst estimates, with adjusted earnings per share of $0.44. U.S. commercial revenue hit $984 million, edging past U.S. government revenue of $953 million for the first time, driven by enterprises adopting its AI software. CEO Alex Karp told analysts that commercial customers are now signing shorter-duration contracts that move faster to deployment before later expanding.

Apple and Palantir shares drop after earnings despite revenue beats

Apple posted stronger-than-expected fourth-quarter revenue but missed on iPad sales and gave a margin outlook that unsettled investors, sending shares down about 4% in premarket trading. Palantir beat Wall Street's third-quarter estimates, with U.S. commercial revenue surpassing government revenue for the first time, yet its stock fell roughly 6.5% to 6% in premarket trading.

Palantir's U.S. commercial revenue overtakes government sales in Q3

Palantir reported third-quarter revenue of $2.31 billion, beating estimates of $2.18 billion and nearly doubling year-over-year. Net income more than doubled to $1.13 billion, with U.S. commercial revenue climbing 148% to $984 million, edging past U.S. government revenue of $953 million for the first time.

Palantir Cofounder's Startup Plans to Breed 30,000 Macaques for Drug Testing

Joe Lonsdale, cofounder of Palantir, has backed a new company called Safer Human Medicine with $20 million through his venture firm 8VC. The startup, led by former Envigo COO Jim Harkness, intends to breed roughly 30,000 macaque monkeys in the US to supply biotech firms conducting medical research and drug testing.

Jim Cramer Cautions Investors to Brace for More Market Swings Amid Tech Earnings, Midterms

CNBC's Jim Cramer said Wall Street volatility likely isn't finished after a rough week in which the Nasdaq, S&P 500 and Dow all reversed early gains to close lower, driven by renewed doubts about the AI trade. He pointed to upcoming catalysts including Tuesday's midterm elections, a jobs report, overseas uncertainty, and more corporate earnings, including Apple and Palantir on Monday. Cramer advised against trying to time a market bottom and instead suggested buying quality companies that have been sold off.

Dream raises $17M seed led by a16z to automate building design with AI

Ex-Palantir executives Andy Elder and Arjun Mathur have launched Dream, a startup building AI world models to automate architecture and construction design. The company has raised $17 million in seed funding led by Andreessen Horowitz, with participation from SV Angel, XYZ, and Zigg Capital, and aims to replace legacy tools like AutoCAD and Revit. Dream's model is trained on over 100 million square feet of building data drawn from U.S. permit archives, incorporating physics and construction standards rather than just generating images.

Leak exposes login data and tool access for 41,000 DHS staff

Distributed Denial of Secrets published an archive called 'Icepick' containing login records for more than 41,000 Department of Homeland Security employees and contractors across DHS and seven component agencies, including ICE and CBP. The files include contact details and over 55,000 permission groups showing which surveillance and investigative systems—such as Palantir's Falcon, PenLink, and wiretap programs—each person can access, with records last updated in August. DDoSecrets says the data came from DHS's Okta login system, a claim Okta disputes, stating it has no evidence of a breach.

Disruptive closes $10B fund to back 10+ late-stage AI and defense firms

Dallas-based investment firm Disruptive announced a $10 billion fund on Tuesday, planning checks of up to $1 billion each for at least 10 late-stage companies in AI and defense. The fund is the firm's first blind-pool vehicle, meaning investors commit capital without knowing in advance which startups will receive it, a shift from its prior deal-by-deal approach.

Show HN project visualizes S&P 500 firms as bubbles filled with employee figures

A new Show HN project represents each S&P 500 company as a bubble sized by market capitalization, grouped by sector, with stick figures inside representing employees. The density of figures per bubble shows how much market value exists per worker, letting users compare labor intensity across companies. The tool covers companies with sufficient employee counts and market caps, using the latest annual report figures, and is interactive—users can click for details or zoom into smaller bubbles.

Guardrails Action survey finds AI industry donations hurt candidates with voters

A new survey from AI accountability group Guardrails Action found that voters in Iowa, Michigan and Ohio largely hold negative views of the AI industry despite massive political spending by figures like Elon Musk and the Leading The Future Super PAC. Three in four of over 3,000 likely voters surveyed said they'd be less likely to back a candidate who took money from an AI Super PAC, and a quarter said they'd switch parties for a candidate opposing AI companies and data centers.

Palantir CTO says some AI researchers smoke as a bet on AI curing cancer

Palantir CTO Shyam Sankar claimed on CBS's Face the Nation that some AI researchers have taken up smoking to signal their belief that AI will eventually cure cancer. He described this as a kind of 'mass psychosis' or social delusion within Silicon Valley's AI community, comparing faith in AGI to a substitute for religious belief.

ICE emails show DHS explored Palantir-linked tool for voter fraud probes

Documents obtained by Democracy Forward via a FOIA request reveal that DHS officials examined using a Palantir-supported tool to investigate alleged illegal voting. The records show ICE's Homeland Security Investigations division, through its Innovation Lab, has been developing systems that combine DOJ voting rolls and USCIS data, with plans to later add criminal history records. The same document cache shows DHS has investigated more than 150 nonprofits over suspicions they helped noncitizens register to vote.