Dr. Michael Burry of The Big Short fame doesn't seem to be willing to back down as a bear in the epic tug-of-war with Palantir shareholders and the great CEO Alex Karp. Undoubtedly, Burry seemed to have been getting his way, with shares of Palantir plunging viciously into a bear market amid one of the worst software slumps in recent memory.
Palantir Technologies Inc.'s surprise announcement that it's moving from Denver to Miami is even more surprising because, at least initially, it's going to be anchored at a co-working space. A regulatory filing lists the company's principal executive offices at an Industrious co-working location in Aventura, about 17 miles north of downtown Miami, suggesting the headquarters transition may be unfolding in stages as longer-term plans take shape.
An Anthropic spokesperson remained tight-lipped on whether "Claude, or any other AI model, was used for any specific operation, classified or otherwise" in a statement to the WSJ, but noted that "any use of Claude - whether in the private sector or across government - is required to comply with our Usage Policies, which govern how Claude can be deployed."
The ads are funded by a pro-AI political action committee that supports the expansion of artificial intelligence, yet they aim to weaken Bores's candidacy by tying him to his past work in tech. They accuse Bores, who has recently called for abolishing Immigration and Customs Enforcement (ICE), of hypocrisy because he previously worked at Palantir, a data analytics company whose contracts with ICE have made it a frequent target of activists.
It is the view of the BMA that doctors working in the NHS can no longer provide the tacit endorsement that using a product implies and must immediately take steps to explore refusing any non-direct care usage of Palantir's Federated Data Platform, with a view to moving away from the platform entirely in time, when a suitable alternative can be put in place.
Palantir, an $300bn startup that provides military technology to the Israel Defense Forces and AI-powered deportation targeting for Donald Trump's ICE units, has UK government contracts worth more than 500m. Global Counsel, a lobbying company Mandelson co-founded and part-owns, also works for Palantir. The cabinet secretary, Sir Chris Wormald, is being urged to release information about Mandelson's role when the British embassy arranged for Keir Starmer to visit Palantir's showroom in Washington DC in February 2025 shortly after Mandelson became ambassador to the US.
Annual revenue will gain 61% to about $7.19 billion, the Denver-based company said Monday in a statement. Analysts, on average, estimated $6.27 billion. Palantir forecast sales in the current quarter of about $1.53 billion, which also beat expectations. The shares increased 4.8% at 10:01 a.m. in New York on Tuesday. The stock had dropped 29% from its November peak, reached right before Palantir last reported results, and was down 17% to start 2026 through the close.
Palantir celebrated its latest financial results on Monday, as the tech company blew past Wall Street expectations and continues to prop up the Trump administration's push to deport immigrants. Palantir has secured millions of dollars in federal contracts amid Trump's crackdown on immigrants. The multibillion-dollar Denver-based firm creates tech focused on surveillance and analytics, to be used by the government agencies and private companies.
Since last March, the Department of Health and Human Services has been using AI tools from Palantir to screen and audit grants, grant applications, and job descriptions for noncompliance with President Donald Trump's executive orders targeting "gender ideology" and anything related to diversity, equity, inclusion (DEI), according to a recently published inventory of all use cases HHS had for AI in 2025.
