Palantir, the secretive tech company, is rising in the Trump era
a year ago
- #AI
- #government-contracts
- #surveillance
- Palantir's stock market valuation has surged from $50 billion to nearly $300 billion in a year.
- CEO Alex Karp promotes the company's role in military and surveillance operations, including assisting in killings and immigration enforcement.
- Palantir secured a $30 million contract with ICE to track migrant movements and is involved in creating a master immigration database.
- The company's technology is used by the Israel Defense Forces in Gaza and by the LAPD for predictive policing.
- Critics, including former employee Juan Sebastián Pinto, warn about the societal risks of Palantir's surveillance and AI tools.
- Palantir's work with the Trump administration has led to accusations of supporting authoritarian practices.