ICE-linked Palantir investment becomes flashpoint in rarely-contested New York state comptroller's race amNewYork
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ICE-linked Palantir investment becomes flashpoint in rarely-contested New York state comptroller's race  amNewYork
"Palantir has been providing ICE with data integration and analytics systems for over a decade, including a multimillion-dollar contract to develop an AI-driven enforcement platform that pulls together government records and flags individuals for possible immigration enforcement action. The relationship is one that civil liberties advocates, like the American Immigration Council, say blurs the line between tool provider and enforcement partner."
"Public filings show that the New York State Common Retirement Fund reported holding approximately 1.08 million shares of Palantir, valued at about $180 million, as of March 31, 2025. By Sept. 30, the fund's reported holdings had grown to approximately 2.4 million shares, valued at more than $430 million, reflecting both a larger share count and a sharp rise in the company's stock price."
Two Democratic challengers to New York State Comptroller Tom DiNapoli called on him to divest the state's $290 billion pension fund from Palantir Technologies, arguing the investment conflicts with New York's values and sanctuary status. Raj Goyle and Drew Warshaw pledged to eliminate the fund's Palantir holdings if elected. Palantir has supplied ICE with data integration and analytics systems for over a decade, including an AI-driven enforcement platform that aggregates government records and flags individuals for immigration enforcement. Public filings show holdings rose from about 1.08 million shares (~$180 million) on March 31, 2025, to roughly 2.4 million shares (~$430 million) by Sept. 30, a growth Goyle described as a conscious escalation that made Palantir one of the fund's largest positions.
Read at www.amny.com
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