Palantir Technologies

American software and services company

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2024 Eoin Hayes, an Irish politician and former Palantir employee, was suspended by the Social Democrats party after misleading them about when he disposed of his Palantir shares. Hayes had previously worked for Palantir between 2015 and 2017.
2024 Palantir emerged as a 'Trump trade', focusing on enforcing immigration laws and profiting from federal spending on national security and immigration.
2024 Palantir experienced 55% year-over-year growth in the U.S. commercial market during Q2, demonstrating significant expansion in the private sector beyond its origins as a defense contractor.
November 14 2024 Palantir announced its stock listing transfer from the New York Stock Exchange to the Nasdaq Global Select Market, effective November 26, 2024.
September 6 2024 S&P Global announced Palantir would be added to the S&P 500 index, causing the company's share price to rise 14% the next trading day.
August 8 2024 Palantir and Microsoft announced a strategic partnership to deploy Palantir's product suite on Microsoft Azure Government clouds, resulting in a significant 10% increase in Palantir's stock price.
April 2024 Medical professionals picketed at NHS England HQ, demanding an end to the contract with Palantir over its contracts with the Israel Defense Forces (IDF).
January 2024 As of early 2024, Palantir's ownership structure shows The Vanguard Group as the largest shareholder with 9.4% stake, followed by Peter Thiel with 7.2% and BlackRock with 4.7%.
January 2024 Palantir entered into a strategic partnership with the Israel Defence Force (IDF), agreeing to provide services to assist the IDF's war-related missions.
2023 Palantir's sales breakdown showed a diverse revenue stream: 54.9% from government clients ($1.2 billion) and 45.1% from commercial clients ($1.0 billion).
2023 Ukrainian military begins receiving Skykit units, a portable toolbox supporting intelligence operations in adverse environments, with capabilities including ruggedized laptops, quadcopter drones, and satellite network connectivity.
2023 Palantir began offering five-day boot camps to help prospective customers onboard and develop AI prototypes using their Artificial Intelligence Platform.
December 2023 Palantir's London office was targeted by pro-Palestine demonstrations after being awarded a large NHS data management contract. Protesters accused the company of being 'complicit' in war crimes due to its intelligence and surveillance services for the Israel Defence Force (IDF).
November 2023 NHS England awarded Palantir a 7-year contract worth £330 million for a federated data platform, which was criticized by the British Medical Association, Doctors Association UK, and cybersecurity professionals.
April 2023 Palantir launched its Artificial Intelligence Platform (AIP), which integrates large language models into privately operated networks, demonstrating potential military and commercial applications with human-supervised AI interactions.
March 2023 It was revealed that NHS hospitals were 'ordered' to share patient data with Palantir, prompting criticism from civil liberties groups and threats of legal action.
January 2023 Peter Thiel, Palantir's founder, controversially called Britain's affection for the NHS 'Stockholm Syndrome' during a speech at the Oxford Union.
January 2023 NHS England launched a £480m Federated Data Platform procurement, described as a 'must win' contract for Palantir.
2022 Indra Joshi, NHS England's former artificial intelligence chief, was recruited by Palantir as part of their expansion strategy.
2022 Palantir Foundry was used to administer the UK Homes for Ukraine program, providing local authority caseworkers access to data from the Department for Levelling Up, Housing and Communities.
December 2022 The Times reports that Palantir's AI technology is being used by Ukraine to enhance artillery strike accuracy and effectiveness in the Russo-Ukrainian War.
February 2022 Palantir CEO Alex Karp visits Ukraine, claiming to be the first CEO of a large U.S. company to do so after the Russian invasion.
June 2021 Palantir acquired a stake in Babylon Health, with CEO Ali Parsa highlighting the potential of Palantir's technology in transforming biology and healthcare sectors.
June 2021 Foxglove, a tech-justice nonprofit, launched a campaign against Palantir criticizing the company's contract history.
March 2021 Palantir for IBM Cloud Pak for Data became available for general use, aimed at helping businesses interpret and use large datasets without requiring advanced technical expertise.
March 5 2021 Palantir Technologies announced a strategic partnership with Amazon Web Services (AWS), optimizing their ERP Suite to run on AWS cloud infrastructure, with BP being a notable client using the suite.
February 8 2021 Palantir and IBM announced a strategic partnership to develop Palantir for IBM Cloud Pak for Data, a joint product that combines IBM's hybrid cloud data platform with Palantir's operations platform for building AI-integrated applications.
2020 Palantir Foundry was utilized by Center NHS England to analyze the COVID-19 vaccination program operations in England.
2020 Palantir Foundry was used in the National Covid Cohort Collaborative, creating a secure enclave of Electronic Health Records across the United States, which produced hundreds of scientific manuscripts and won the NIH/FASEB Dataworks! Grand Prize.
December 2020 Palantir was awarded a $44.4 million contract by the U.S. Food and Drug Administration, which caused the company's shares to increase by approximately 21%.
October 2020 Palantir began helping the federal government establish a nationwide system to track the manufacture, distribution, and administration of COVID-19 vaccines.
September 30 2020 Palantir went public on the New York Stock Exchange through a direct public offering under the ticker symbol 'PLTR'.
September 28 2020 Amnesty International releases a critical report highlighting Palantir's lack of human rights due diligence in its ICE contract, specifically addressing potential violations affecting asylum-seekers and migrants.
August 2020 Palantir Technologies relocated its headquarters from Palo Alto to Denver, Colorado.
July 2020 Palantir filed for an initial public offering (IPO).
April 2020 Palantir began working with the NHS to support COVID-19 efforts, providing software from Palantir Foundry to help track and contain the coronavirus pandemic across several countries.
2019 Palantir Technologies increased annual revenue to $743 million while maintaining a significant net loss of $588 million. The company's total assets reached $3,735 million and employee count grew to 2,391.
2019 Palantir took over the Pentagon's Project Maven contract after Google discontinued developing AI unmanned drones for bombings and intelligence.
2018 Palantir Technologies reported annual revenue of $595 million and a net loss of $598 million, indicating continued investment and growth phase of the company.
2018 Palantir Technologies took over Project Maven from Google after Google declined to renew its contract due to employee protests, continuing the controversial AI program for the Pentagon focused on unmanned aerial vehicle operations.
2018 Christopher Wylie testified before the British Parliament's Digital, Culture, Media and Sport Select Committee, alleging meetings between Palantir and Cambridge Analytica and revealing collaborative data harvesting practices involving Facebook user data.
October 18 2018 The Wall Street Journal reported Palantir was considering an IPO in the first half of 2019 with a $41 billion valuation.
2017 Danish POL-INTEL predictive policing project becomes operational, utilizing Palantir's Gotham system to create crime rate heat maps.
September 2017 The ICE Investigative Case Management system reached its 'final operation capacity' under the Trump administration.
2015 Palantir's valuation rose to $20 billion after closing an $880 million funding round.
January 2015 Company valuation increased to $15 billion after an undisclosed funding round.
2014 US Immigration and Customs Enforcement (ICE) awarded Palantir a $41 million contract to build and maintain the Investigative Case Management (ICM) intelligence system for tracking immigrant records.
2014 Palantir Technologies was valued at $9 billion, making it one of Silicon Valley's most valuable private technology companies.
2013 Palantir accepted a contract with the Northern California Regional Intelligence Center to build a controversial license plate database for California.
2012 California Congressman Duncan D. Hunter complained about Department of Defense obstacles to wider use of Palantir's military intelligence products.

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