Silicon Valley
fromWIRED
5 hours agoAt Palantir's Developer Conference, AI Is Built to Win Wars
Palantir's commercial business is growing rapidly, driven by generative AI and hands-on customer support.
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.
He was her political adviser when she was South Dakota's governor. "Kristi is the face of DHS. Corey is the brains. He gets things done," one senior administration official told Axios. Driving the news: Lewandowski's continued involvement in DHS became clear last week, when an Axios reporter saw him standing at a gate at Ronald Reagan Washington National Airport, speaking loudly into his phone as he appeared to discuss DHS vendors' contracts.
"With any person, company, or concept, the general public really only has space in their head for one characteristic of it," says Palantir alum Marc Frankel, cofounder, board member, and former CEO of Manifest, which creates software and AI "bill of materials"-think ingredient labels for critical software. "Biden: old. AI: scary. Palantir: secretive." Frankel worked at Palantir from 2013 to 2018,
Former City Comptroller and current congressional candidate Brad Lander oversaw a major expansion of New York City public pension fund investments in Palantir Technologies, a data analytics firm whose software has long been used by Immigration and Customs Enforcement (ICE) to identify and deport undocumented immigrants. During Lander's tenure as the city's chief financial officer, the city's five public pension funds significantly increased their exposure to Palantir, according to an amNewYork review of pension fund disclosures.
comprising six new chips designed to deliver one incredible AI supercomputer. NVIDIA Rubin sets a new standard for building, deploying, and securing the world's largest and most advanced AI systems at the lowest cost to accelerate mainstream AI adoption,
Due to growing concerns over Palantir Technologies 's ( ) valuation, its stock fell 13% last week. However, following the U.S. military operation in Venezuela over the weekend, which captured President Nicolas Maduro, shares are rising over 4% in morning trading on speculation that Palantir's AI and data platforms contributed to the operation's intelligence and planning success. While unconfirmed by officials, such involvement could reinforce Palantir's critical role in national security, potentially supporting its elevated valuation if it leads to expanded contracts or demonstrates real-world efficacy.
One of the most impressive growth stocks in recent years, Palantir ( NASDAQ:PLTR) has also become among the most discussed names in the market. With a market capitalization that's now approaching $500 billion, and some expectations that this stock could be another entrant into the $1 trillion club, growth investors everywhere are cheering CEO Alex Karp and its team on. Well, most investors.
Palantir is a US company that provides software to integrate and analyse data scattered across different systems, such as in the health service. It also provides artificial intelligence-enabled military targeting systems. The investigation cites an expert report, internal to the Swiss army, that assessed Palantir's status as a US company meant there was a possibility sensitive data shared with it could be accessed by the US government and intelligence services.
The AAUP says it learned of the partnership when FedScoop reported that it noticed a message referencing Palantir on the website foreignfundinghighered.gov Dec. 4. An hour later, the website showed "a login page with the Palantir logo," and, a couple of hours after that, "the Palantir logo was replaced with an Education Department logo," the outlet wrote. Foreignfundinghighered.gov tracks foreign gifts and contracts data for higher ed institutions.
The U.S. Citizenship and Immigration Services agency-which handles services including citizenship applications, family immigration, adoptions, and work permits for non-citizens-started the contract with Palantir at the end of October, and is paying the data analytics company to implement "Phase 0" of a "vetting of wedding-based schemes," or "VOWS" platform, according to the federal contract, which was posted to the U.S. government website and reviewed by Fortune.
Ark Invest's Cathie Wood, who's a big investor in disruptive innovators, has been reducing her stake in AI data analytics firm Palantir ( NASDAQ:PLTR) in recent weeks. And a bit of profit-taking at quite a volatile and anxious time certainly does seem wise, especially as Dr. Michael Burry looks to keep those subscribed to his newsletter informed on his views of big tech and his bearish put positions.
"If you are massively dyslexic, you cannot play a playbook," Karp said at the New York Times DealBook Summit. "There is no playbook a dyslexic can master. And therefore we learn to think freely."
is down 17% in the past month as of this writing. The stock is trading at prices last seen back in August of this year. For most stocks, this would be normal, but for PLTR stock, it may be a sign that it may be plateauing. From December 2023 to late October 2025, Palantir has delivered over 1,000% in gains. The number of headlines about this one stock rivaled , but there has been a lull ever since Palantir was rejected at $200.
Palantir's Alex Karp is not the typical tech CEO. It makes sense then that one of the big data company's foundational principles is rooted in the lessons of a 1970s Toyota executive. Karp is a firm believer in the Five Whys, a simple system that aims to uncover the root cause of an issue that may not be immediately apparent. The process is straightforward. When an issue arises, someone asks, "Why?" Whatever the answer may be, they ask "why?" again and again until they have done so five times.