Palantir

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Palantir

Basic information
Founded	2003-05-06
Legal Structure	Public
Industry	Software
Official website	https://www.palantir.com

Palantir Technologies Inc. is a data analytics company founded in 2003 with early backing from tech investor Peter Thiel and In-Q-Tel, the venture capital arm of the Central Intelligence Agency (CIA). Its platforms Gotham and Foundry, help governments and enterprises integrate data for secure AI-driven decision-making at scale.

Consumer-impact summary

Impact summary

• User freedom

Restricted access to predefined applications and workflows; limited autonomy due to centralized control by deploying organizations.

• User privacy

Privacy protections are built into platforms, but use in sensitive government applications raises civil liberties concerns.

• Business model

Software licensing model focused on B2B and government sectors. Revenue driven by high-value contracts in complex data environments.

• Market control

Strong position in government and enterprise data analytics due to specialization and security authorizations; faces scrutiny over ethical implications of its applications.

Consumer-impact

User freedom

Palantir's platforms, particularly Foundry, offer a Consumer mode designed to restrict user access to specific applications and workflows without granting broader platform access. This mode is configured to ensure that:

• Consumer users can only access target applications and necessary resources, with API access restricted to their specific needs.
• They are prevented from seeing the full Foundry login page or are automatically redirected if already authenticated, aiming for a seamless experience.
• Builders and administrators can enforce that consumers never receive roles beyond the consumer role, and they can isolate users from discovering other users or groups within the organization.

However, this controlled access environment may limit user autonomy, as all permissions and visible features are strictly defined by the organization deploying the Palantir software, rather than by the end-consumer themselves.

User privacy

Palantir emphasizes its role as a data processor, not a data controller, meaning that customers (e.g., businesses or government agencies) retain full ownership and control over their data. Key privacy aspects include:

• Data handling: Palantir states it does not collect, hold, store, or sell customer data for its own purposes. It does not use customer data to train AI models, and each customer's data is walled off from others.
• Privacy protections: The company integrates privacy and governance features into its products, including data access controls, usage limitations, and detailed audit trails to help customers comply with data protection regulations.
• Transparency: Palantir claims to provide tools for customers to have transparency and control over how data is accessed and used. However, the company itself does not have unfettered access to customer data; any access by Palantir engineers requires explicit customer instruction and is revoked after project completion.

Despite these measures, Palantir's work with government agencies (e.g., defense, intelligence, and immigration) has drawn criticism regarding potential implications for civil liberties and privacy due to the sensitive nature of the data processed.

Business model

Palantir's business model is based on licensing its software platforms (Gotham, Foundry, Apollo) to organizations in the public, private, and non-profit sectors . Important points include:

• Revenue sources: The company generates revenue through government contracts (e.g., with the Department of Defense, ICE, and intelligence agencies) and commercial clients (e.g., banks, automotive manufacturers, and healthcare systems).
• Value proposition: Palantir's platforms help customers integrate and analyze large, siloed datasets to improve decision-making and operational efficiency. The company emphasizes that its software reduces implementation time from months to days.
• Stance on data: Unlike many tech companies, Palantir does not monetize personal data. Instead, it earns revenue through software licensing and related services.

Palantir has experienced significant growth, with 2024 revenue projected between $2.805 billion and $2.809 billion, driven by government contracts and demand for AI solutions.

Market control

Palantir holds a strong position in the data analytics and AI sector, particularly in government and high-sensitivity industries. Factors influencing its market control include:

• Specialization: The company focuses on complex data integration and analysis for large organizations, with platforms designed for highly regulated environments.
• Competitive advantage: Palantir's ability to secure major government contracts and its authorization for Mission Critical National Security Systems by the U.S. Department of Defense contribute to its market strength.
• Market presence: As of early 2025, Palantir had a market capitalization of approximately $35 billion, though it faces questions about growth sustainability and valuation.
• Criticism and scrutiny: The company has faced criticism for its role in government surveillance and immigration enforcement, which may impact its market perception and relationships.

Incidents

WikiLeaks Proposals (2010)

The Team Themis WikiLeaks proposal was a 2010–2011 plan by Palantir Technologies, HBGary Federal, and Berico Technologies, discussed with the law firm Hunton & Williams, to undermine WikiLeaks and supporters using cyberattacks, disinformation, and pressure on journalists such as Glenn Greenwald. The materials surfaced after Anonymous hacked HBGary in February 2011 and released tens of thousands of emails. Following publication, Palantir apologized and severed all contacts with HBGary, and Berico said it had discontinued all ties with HBGary Federal. Bank of America and the U.S. Chamber of Commerce said they had not hired the firms for this work.

ICE Partnership (Since 2014)

- Investigative Case Management

- Investigative Tools (FALCON)

- ImmigrationOS

- Data Collection

See also

Link to relevant theme articles or companies with similar incidents.

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