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Palantir to seek at least $26 billion valuation in fundraising push

From CNBC: Palantir Technologies is targeting a valuation of at least $26 billion in a private fundraising round, the first for the Peter Thiel-backed data analytics startup in four years, according to sources. Palantir was valued at roughly $20 billion in its last private fundraising round in 2015. Palantir, whose customers range from global banks[…]

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How CIA-Backed Palantir Is Helping Police Root Out ‘Thought Crimes’

From Zero Hedge August 2019: Palantir’s technology was developed in warzones like Fallujah, where it was used to anticipate roadside bombs and attacks by insurgents. Now, it’s being used on the streets of Los Angeles to root out criminals like something straight out of the movie “Minority Report.” Unsurprisingly, the privately-held tech firm is backed by[…]

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Palantir’s IPO Plans are Just as Secretive as the Company Itself

From Zacks June 2019 Palantir Technologies is a privately-held software and services company that has taken Silicon Valley by storm since its launch back in 2004. It was founded by Peter Thiel, Nathan Gettings, Joe Lonsdale, Stephen Cohen, and Alex Karp (now CEO) with the idea of “creating the world’s best user experience for working with data, one[…]

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Peter Thiel’s stealth start-up Palantir has unlocked a new opportunity to sell to the US military as revenue tops $1 billion

From CNBC May 2019: Palantir — the Silicon Valley data analytics company co-founded by PayPal founder and Trump advisor Peter Thiel — has made the CNBC Disruptor 50 list for six years running. But this year was perhaps the most disruptive of all for the company, which has attracted $2.8 billion in funding, raising its valuation to $20.5 billion,[…]

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Palantir wins competition to build Army intelligence system

From Washington Post March 26, 2019: The Army has chosen Palantir Technologies to deploy a complex battlefield intelligence system for soldiers, according to Army documents, a significant boost for a company that has attracted a devoted following in national security circles but had struggled to win a major defense contract. Industry experts said it marked[…]

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Killer App: Have a bunch of Silicon Valley geeks at Palantir Technologies figured out how to stop terrorists?

From the Washingtonian, January 2012 On the afternoon of February 15, 2011, Jaime Zapata, a 32-year-old special agent with US Immigration and Customs Enforcement, was shot to death by members of a drug cartel as he drove along a four-lane highway in Mexico. Zapata’s partner, 38-year-old Victor Avila, who survived the attack, later said that as[…]

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Palantir to offer cancer analytics under JV deal with Germany’s Merck

From Reuters – December 19th 2018  By Ludwig Burger and Patricia Weiss FRANKFURT (Reuters) – Palantir Technologies Inc will set up a cancer data analytics joint venture with German lab supplies company Merck KGaA, as the U.S. analytics and security firm makes further inroads into health care. The new U.S.-based venture, called Syntropy, will offer cancer[…]

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Secretive Data Company Palantir Weighs Giant Public Offering

From the Wall Street Journal: Oct, 2018 Data-mining giant Palantir Technologies Inc., one of Silicon Valley’s most secretive companies, is weighing an initial public offering likely to be among the largest in recent years, people familiar with the matter said. Palantir is discussing with investment banks Credit Suisse CS -3.72% and Morgan StanleyMS -5.04% plans to go public as soon as the[…]

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