a short-term attempt to predict how best to deploy resources to deal with the pandemic, Hancock acted unlawfully over Covid contracts, Open Democracy and Foxglove are crowdfunding 60,000, Woman shot dead after pulling into wrong driveway, Man charged with shooting boy who knocked wrong door, Bear captured after killing Alpine jogger, Award-winning photo turns out to be AI creation, US accuses Brazil's Lula of parroting war propaganda, FBI makes arrests over US Chinese 'police stations'. From building safer cars and planes, to discovering new drugs and combating terrorism, Palantir helps its customers across the public, private, and nonprofit sectors transform the way they use their data. Merck KGaA, Darmstadt, Germany, a leading science and technology company, operates across healthcare, life science and electronics. Additional information is available at https://www.palantir.com. 2023 Benzinga.com. The new product, Palantir for IBM Cloud Pak for Data, is planned for general availability in March of 2021. Through the partnership "Syntropy"both companies are determined to unleash the power of biomedical data and revolutionize cancer therapy and accelerate research. r/PLTR Palantir/Microsoft . Palantir for IBM Cloud Pak for Data is planned to help with rapid data integration, cleansing, de-duplication, and mapping to a common data model (or "ontology") that can be quickly extended to additional use cases such as customer service, marketing, compliance, and crisis management. Health officials confirmed this weekend the proposed 360m new data platform for England will incorporate the NHS shared care records that track patients across the health and care system. In 2016, he donated more than $1m to US President Donald Trump, though he is reportedly sitting out this election cycle. Athinia will build upon this experience and leverage Palantir's expertise to help customers improve their decision-making in optimizing semiconductor materials. DARMSTADT, Germany, and DENVER, Dec. 7, 2021 /PRNewswire/ -- Merck KGaA, Darmstadt, Germany, a leading science and technology company, and Palantir Technologies Inc. (NYSE: PLTR ), a leading. For more information, please see https://www.palantir.com or email media@palantir.com. These new products will enable companies to autonomously deploy and manage complex software in production across many heterogeneous environments with a homogenous approach. "Together, IBM and Palantir aim to make it easier than ever for businesses to put AI to work and become data-driven throughout their operations. "Our governments are the problem because they don't want to set up oversight, but Palantir takes advantage of it.". Forward-looking statements are based on information available at the time those statements are made and were based on current expectations as well as the beliefs and assumptions of management as of that time with respect to future events. Palantir Press Release . from 8 AM - 9 PM ET. They object to its tech being used to identify places where illegal immigrants are working so the properties can be raided and those arrested deported. Particularly when the current UK government would privatise its own grandmother if the price was right. As one Bloomberg headline put it: Palantir knows everything about you.. By contrast, chief executive Alex Karp, who met Mr Thiel when they both attended Stanford Law School, is a self-described neo-Marxist and "card-carrying progressive", with a doctorate degree in neo-classical social theory from a Goethe University in Germany. As the leading Japanese ICT company, Fujitsu recognizes the power of Palantirs technology and is deploying it internally to transform its operations, and propel its own success. And to be fair, even if you think Thiel is a creepy dude with creepy beliefs, it is important to note that he is not the only guy in charge of Palantir: the company was co-founded in 2003 by Alex Karp, who is still the CEO; he voted for Hillary Clinton and has described himself as a progressive (although, considering his affinity for the military, he certainly has a different view of progress than I do). "Fiserv is operating in an increasingly complex global environment - supporting financial institutions and businesses in a world that never powers down. When typing in this field, a list of search results will appear and be automatically updated as you type. Foundational software of tomorrow. In 2019, the firm brought in $743m in revenue, up 25% from the year before, with some 60% of sales from outside the US. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The offering is planned for businesses in industries managing vast amounts of data where AI-infused applications can drive more informed business decisions and automate outcomes. The firm has hired two senior officials from the NHS and has been advised by Global Counsel, the consultancy firm set up by the former Labour cabinet minister Lord Mandelson. Palantir was co-founded in 2003 by Thiel, a tech entrepreneur and major donor to the Republican party. February 17, 2022 by Palantir Media DENVER-- ( BUSINESS WIRE )-- Palantir Technologies Inc. (NYSE:PLTR) today announced financial results for the fourth quarter and fiscal year ended December 31, 2021. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. But we seem to share fewer and fewer of the technology sector's values and commitments," chief executive Alex Karp wrote in the filing announcing its plans to sell shares to the public. Approximately 130,000 Fujitsu people support customers in more than 100 countries. Peter Thiel has a terrible case of RBF reclusive billionaire face. To this day, the founding family remains the majority owner of the publicly listed company. Additional information is available at https://www.palantir.com. You may later change your selection or discontinue this service. They say the project, called a federated data platform, will help improve care and provide new insights into the nations health. Im not being deliberately mean-spirited, just stating the indisputable fact that the tech entrepreneur, a co-founder of PayPal, doesnt exactly give off feel-good vibes. All rights reserved. The NHS is being taken to court over its contract with controversial US data firm Palantir. Exchanges between the NHS and Palantir took place over the next few months, leading to the first contract at the outset of the pandemic, the Bureau said. Cookies are used to offer you a better browsing experience and to analyze our traffic. In 2020, we generated $1.1 billion in revenue, up 47% year-over-year. I strongly agree with the aims and ambitions of the federated data platform programme, she said. Our average revenue per customer was $7.9 million, up 41% year-over-year. Ministers say information will be transferred from existing datasets that already have a lawful basis for collection and processing. In addition, shareholders can submit and vote on questions by visiting https://app.saytechnologies.com/palantir-2023-q1. Palantir Foundry is designed to provide world-class security, access controls, partitioning, auditing, and accountability functions to support responsible data use. Merck KGaA, Darmstadt, Germany, and Palantir already started collaborating in 2017. Today, nearly 75 percent of businesses surveyed in an IBM sponsored report say they are exploring or implementing AI. The CDC will continue to bring several existing programs that use the company software into a single platform to plan, manage, and respond to future outbreaks. These risks and uncertainties include our ability to meet the unique needs of our customers; the failure of our platforms to satisfy our customers or perform as desired; the frequency or severity of any software and implementation errors; our platforms' reliability; and our customers' ability to modify or terminate their contracts. For more information, please see https://www.palantir.com or email media@palantir.com. This new milestone enables U.S. government customers and industry partners to access Palantir and Microsoft's secure, integrated, enterprise-grade capabilities in both Microsoft Azure Government and Azure Commercial environments. I will of course be streaming the entire earnings call and providing analysis afterwards on my YouTube channel - you can subscribe here to get notified when the stream is set up. It has done extensive work for the intelligence sector and was originally funded by In-Q-Tel, the CIAs venture capital arm. ", "Palantir was founded to build software for the world's most critical institutions," said Alex Karp, Chief Executive Officer of Palantir. Palantir Japan aims to promote our cutting-edge technology by cooperating with partners like Fujitsu to accelerate digital transformation for the most important institutions and in Japanese society as a whole.. Visit: www.palantir.com About Trafigura Founded in 1993, Trafigura is one of the largest physical commodities trading groups in the world. Winning the contract would be a coup for Palantir, which was initially contracted to work with the NHS during the Covid pandemic on a nominal fee of just 1. This article was amended on 22 and 24 November 2022 to include additional clarifying comments from NHS England, regarding the extraction of data from shared care records, and from Dr Nicola Byrne on advice given for creating trust in the platform. US tech firm Palantir, known for supplying controversial data-sifting software to government agencies, has fetched a market value of nearly $22bn (17bn) in its debut on the New York Stock Exchange. Revolutionizing National Security: Palantir and Lockheed Martin Joining Forces, Why Palantir Got Half A Billion From The CDC, Disrupting Healthcare as We Know It: Palantir and Tampa General Hospital, How Palantir Can Scale and Innovate Through Investment in Former Employees, The Eccentric Billionaire CEO Who's Redefining Capitalism: The Nuanced Views of Palantir's Alex Karp, We Need To Talk About Palantir's Ontology, Palantir Makes Another Big Move: Partners with Integrity Tool to Revolutionize Data Operations, Palantir is Revolutionizing Healthcare Data, Why This Investor Went All-In on Palantir, The Importance of Critical Companies: Why Palantir and SpaceX Will Never Be Allowed to Fail, Why Palantir's Work with the Government Deepens its Moat in Commercial. "Athinia will help companies across the value chain bring new products to market faster and accelerate their product differentiation and growth.". Thiel was famously one of Donald Trumps biggest donors in 2016; this year, he is one of the biggest individual donors to Republican politics. From advancing gene editing technologies and discovering unique ways to treat the most challenging diseases to enabling the intelligence of devices the company is everywhere. From the PR, Palantir will host a webcast to discuss its results at 3:00 PM MT / 5:00 PM ET. A spokesperson for Palantir confirmed to . COLUMBIA, Md. 0 0 . DALLAS and DENVER, March 2, 2022 /PRNewswire/ -- Jacobs (NYSE: J) and Palantir Technologies Inc. ("Palantir,"NYSE: PLTR) today announced a global strategic collaboration targeting data and. Growth will depend on landing new, large deals every year while retaining their profitable clients - and the firm hasn't shared much about its record, said Mr Moerdler. Palantir for IBM Cloud Pak for Data is being designed to provide retailers with increased levels of visibility and transparency by integrating data across their operational siloes and using that data to quickly build new AI models and applications. Fujitsu Limited, Palantir Technologies Japan (Palantir Japan), and Palantir Technologies Inc. (Palantir) announced an agreement that the three companies have formed a strategic partnership to bring world-class technology to the Japanese market and accelerate Japans Digital Transformation (DX) initiatives. DENVER-- ( BUSINESS WIRE )--Palantir Technologies Inc. (NYSE: PLTR) today announced it has been selected by the U.S. Army's Program Manager for Intelligence Systems and Analytics to deliver the. Forward-looking statements are based on information available at the time those statements are made and were based on current expectations as well as the beliefs and assumptions of management as of that time with respect to future events. Apr. Palantir Japan was co-founded by Palantir Technologies Inc. and Sompo Holdings Inc. Palantir Japan unites Sompos mission of creating a theme park for security, health, and wellbeing with Palantirs mission of providing global institutions with a modern operating system that enhances security, privacy, and civil liberties. The firm - sometimes described as the "scariest" of America's tech giants - got its start working with US soldiers in Iraq and Afghanistan, but now supplies software to police departments, other public agencies and corporate clients. Its all too easy to imagine that scenario because (apart from the torturing kittens part, obviously), that is basically how the 54-year-old billionaire already spends his days. All company or product names mentioned herein are trademarks or registered trademarks of their respective owners. Read about our approach to external linking. The firm serves. It said the deal "risks demolishing trust in the NHS". Press release. However, such activities are not unusual. For more information, please see https://www.palantir.com/jp/palantir-foundry/impact/. Palantir, founded by Silicon Valley billionaire and close Trump ally Peter Thiel, is a data-mining firm best known for supporting the CIA's counterinsurgency and intelligence operations in Iraq. Palantir Technologies Inc. (NYSE: PLTR) confirmed today it will . This press release was to inform the public that on April 27th, 2022, we will get a product demo day for one of Palantir's most complex products - Apollo. For Q1, Palantir announced adjusted EPS of $0.02, . An NHS project to incorporate tens of millions of personal digital medical records into one of the biggest health data platforms in the world is to be launched without seeking new patient consent. Our software helped the NHS to save thousands of lives by powering the Covid vaccination programme. Sponsored by Businesswire. When 'know your customer' is a priority across the merged entity, it becomes a significant application development and data integration endeavor to have a single client view that is complete and accurate. Palantir's software is used by the Royal Navy across a broad spectrum of areas from strategic workforce planning to supply chain management to the COVID-19 response. Read about our approach to external linking. The records contain a wide range of information including name, address, date of birth, health conditions, medications, medical notes, social care and safeguarding information. For instance: - Retail: Retailers often face a complex challenge to deliver goods when, where and how customers want in the face of fluctuating supply and demand. It is designed to provide an easy to use "no-code/low-code" environment for building applications that use AI to inform data-driven decision making and automate tasks and processes. Palantir contributes use of its software and staff, but does not store the data itself, which remains under the control of the NHS. This includes businesses in retail, financial services, manufacturing, healthcare and telecommunications. He said there should have been a consultation and detailed information on the legal justification for the proposed use of patient records. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. If you change your Facebook permissions to restrict Stockhouse from receiving your email while joining or signing in to Stockhouse then it will fail. investors.palantir. A Palantir spokesperson said: Were incredibly proud of our support for the NHS. "Our partnership with IBM combines our forces to put our joint solution into the hands of the institutions and people who need it most and will propel the world's most critical institutions into an unprecedented new digital age. There are worries that the company will then entrench itself further into the health system. Im not being deliberately mean-spirited, just stating the indisputable fact that the tech entrepreneur, a co-founder of PayPal, doesnt exactly give off feel-good vibes. Built on Red Hat OpenShift, Palantir for IBM Cloud Pak for Data is intended to help businesses reduce data silos, integrate data sources across hybrid cloud environments, and govern data throughout the AI lifecycle. We face a rapidly changing and increasingly uncertain world. Clive Lewis, the Labour MP, said: This looks like the contract has been set up to hand it to Palantir. It went on to win a 23.5m contract in December 2020 to provide real-time information on disease prevalence and vaccinations during the outbreak. ", "We are excited to partner with market leaders in this space to create an ecosystem that will enable semiconductor companies and their suppliers to collaborate to make better decisions, combatting simultaneous demand and supply shocks," said Palantir COO Shyam Sankar. The Athinia platform is powered by Palantir Foundry, which enables users to structure and analyze data from disparate sources, generate powerful insights and support operational decisions, all while helping to ensure that sensitive data is processed in accordance with applicable data privacy rules, regulations, and norms. DENVER, April 17, 2023 /PRNewswire/ -- Palantir Technologies Inc. PLTR announced today that results for its first quarter ended March 31, 2023will be released on Monday, May 8, 2023, following the close of U.S. markets. Read about our approach to external linking. By continuing to use our service, you agree to our use of cookies. Take our quiz, We'll find you and we won't let you live a teams fight to exist, When a biryani flies hundreds of miles to reach Indians, The two generals fighting over Sudan's future, 'I thought we'd die' - Sudan patients cry for help, Why Gen Z workers are starting on the back foot. Palantir Announces Date of First Quarter 2023 Earnings Release and Webcast. 17, 2023, 04:05 PM. Forward-looking statements are based on information available at the time those statements are made and were based on current expectations as well as the beliefs and assumptions of management as of that time with respect to future events. Cori Crider, director of the legal campaign group Foxglove, said: [Palantir] is a company that has worked with border forces, spies and police. "If they can make the product critical to an organisation, it can be sticky, but the road there is long," he said. Company: In 2004, the internet entrepreneur founded a data-analytics company called Palantir Technologies (after the "seeing stones" used in The Lord of the Rings), which has been backed by the venture. Shared care records, which were launched in April 2021, are being rolled out by integrated care boards, the newly formed partnerships of NHS bodies, local authorities and other organisations. About Palantir Technologies Inc.Foundational software of tomorrow. Original reporting and incisive analysis, direct from the Guardian every morning. DENVER, April 5, 2023 /PRNewswire/ -- Palantir Technologies Inc. (NYSE: PLTR) today announced that Palantir Federal Cloud Service (PFCS) achieved FedRAMP authorization and accreditation to. It has done extensive work for the intelligence sector and was originally funded by In-Q-Tel . Ian Johnston / Financial Times: As Palantir vies for a 480M contract to build a "federated data platform" for the UK's NHS, experts say the company's Foundry tool is costly and hard to use Mastodon Open Links In New Tab Media ContactLisa Gordon[emailprotected], Cision Distribution 888-776-0942 My hope is that this product demo event is not only rooted in showing the new innovations they've created for Apollo, but also explaining it in a more simpler way for audiences and organizations to understand the value proposition. Palantir shares sold to the public for the first time on Wednesday via an unusual direct listing, Palantir's software is used by US immigration authorities to find undocumented immigrants to deport, Palantir co-founder Peter Thiel helped Donald Trump's 2016 campaign, though he is reportedly sitting out this election cycle, Palantir boss Alex Karp favours athletic wear, Palantir recently moved its headquarters from Silicon Valley to Colorado, home of US military bases, Woman shot dead after pulling into wrong driveway, Man charged with shooting boy who knocked wrong door, US accuses Brazil's Lula of parroting war propaganda, DeSantis floats idea of state prison near Disney park, US diplomatic convoy attacked in Sudan - Blinken, Bear captured after killing Alpine jogger, FBI makes arrests over US Chinese 'police stations'. "Advance registration for Apollo Demo Day is required, and is available at https://www.palantir.events/apollo-demo-day. Date: 10 June, 2020 As part of this agreement, Fujitsu CEO Takahito Tokita and Palantir Japan CEO Koichi Narasaki announced that Fujitsu will become Palantir Japans sole Flagship Technology Partner in Japan and sell its DX Services to complement Palantirs leading software platforms. This press release was to inform the public that on April 27th, 2022, we will get a product demo day for one of Palantir's most complex products - Apollo. Palantir's Foundry Marketplace: A Potential Game Changer for Enterprise Software Development, Chamath Palihapitiya Seems to be Talking About Palantir, Every Hospital in England Told to Upload Patient Data to Palantir's Foundry Software, Palantir Left Silicon Valley To Actually Focus on Innovation, A Company Tried To Sue Over Palantir's Usage, Healthcare needs a solution, and Palantir has many, Palantir Is GAAP Profitable & That Matters, Why Palantir Has Massive Stock Based Compensation, Alex Karp on the Moral Responsibility to Shareholders, I Translated A New Palantir Press Piece from Sweden, Palantir Bringing Intelligence and operations to the Edge with Skykit, Alex Karp's latest Palantir Interview on Valuation & Competition. A live webcast and replay will be available at investors.palantir.com, and participants can pre-register here. We want to extend the benefits across England. It has contrasted its commitment to some other tech firms, such as Google, which stopped work on an artificial intelligence project with the Pentagon after a backlash from employees. You might never have heard of tech billionaire Peter Thiels CIA-backed analytics company. US tech firm Palantir, known for supplying controversial data-sifting software to government agencies, has fetched a market value of nearly $22bn (17bn) in its debut on the New York Stock Exchange. "We have to move away from the idea that data analyticsand data collection is objective or clean or immune from all the pathologies that we're seeing play out right now," said Paromita Shah, executive director at Just Futures Law, which focuses on immigration law. Information about potential future products may not be incorporated into any contract. If organizations see the value in implementing Apollo along with the new product features Palantir is introducing, we should see more wanting to inquire on how Apollo can fit within their own, custom needs. It is expected to be awarded by summer 2023. My school of thought, meanwhile, is best summarised as: yikes. All rights reserved. The spokesperson said: Data platforms are already being used by NHS trusts to reduce cancer waiting times, speed up diagnosis, treat and get people home quicker. Palantir: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Most people don't understand it. Palantir: Between Macro Tightening And New Deals, Stock Looks Strong In 2023 Seeking Alpha 14:07 28-Mar-23. LONDON-- ( BUSINESS WIRE )--Palantir Technologies Inc. (NYSE:PLTR) announced today the renewal of its contracts with the United Kingdom's Royal Navy for its Palantir Foundry platform. NHS England officials say they will now develop a public pact over safeguards of medical data, outlined in the governments data saves lives policy paper published in June. We use our experience and the power of ICT to shape the future of society with our customers. DENVER, Oct. 10, 2022 / PRNewswire / -- Palantir Technologies Inc. (NYSE: PLTR) is excited to announce that its federal cloud service offering has received a DoD Impact Level 6 (IL6) PA from the Defense Information Systems Agency (DISA). Since its founding in 1668, scientific exploration and responsible entrepreneurship have been key to the company's technological and scientific advances. Mr Thiel, whose estimated $2.1bn fortune was fuelled by the sale of PayPal and an early investment in Facebook, funded the Hulk Hogan invasion of privacy case that bankrupted gossip news site Gawker and has given generously to conservative politicians. Go to PLTR r/PLTR by BinkyBBall. They say patients have a legal right to a say. He displays Tai Chi swords in his offices, according to Bloomberg, and the firm's presentation to investors this month opened with a video of him racing up a hill in orange exercise gear. The development, release, and timing of any future features or functionality described for our products remains at our sole discretion. Among a host of new offerings, developers and DevOps organizations that adopt Apollo can ship new features faster, encode security and quality requirements, and write code once that works across virtually all environments from public cloud, private cloud, hybrid cloud, on premises, data centers, and edge devices, including Humvees, drones, satellites, and more. To help address these challenges, the new productwill leverage Palantir Foundry and will integrate with IBM Cloud Pak for Data services, such as Watson, providing an information architecture that includes data and AI with built-in governance. assets, Sona Nanotech (CSE:SONA) sees positive results of its tech from top U.S. nanotech lab, Interra Copper (CSE:IMCX) begins exploration program at Tres Marias. These statements may relate to, but are not limited to, Palantir's expectations regarding the amount and the terms of the contract and the expected benefits of our software platforms. Information regarding potential future products is intended to outline our general product direction and it should not be relied on in making a purchasing decision. When Palantir says that "These new products will enable companies to autonomously deploy and manage complex software," they are arguing for Apollo being a foundational backbone to how most organizations ship software. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. In recent months it has poached two top executives from the NHS, including the former head of artificial intelligence, and it is angling to get a five-year, 360m contract to manage the personal health data of millions of patients. 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