Palantir Media: Lisa Gordon, [email protected] Trafigura Press Office: Tel +41 (0) 22 592 4528 or [email protected] About Palantir Technologies Foundational software of tomorrow. The launch of the legal case coincides with the release of details about Palantir's lobbying of the UK government by the Bureau of Investigative Journalism in partnership with Sky News. The American software firm Palantir, which is chaired by the billionaire Donald Trump supporter Peter Thiel, is considered the favourite to win the contract. Benzinga does not provide investment advice. Stockhouse.com is owned by Stockhouse Publishing Ltd. 2019 Stockhouse Publishing Ltd. All rights reserved. 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. The new product, Palantir for IBM Cloud Pak for Data, is planned for general availability in March of 2021. -- Merck KGaA, Darmstadt, Germany, and Palantir form partnership to optimize data analytics in semiconductor manufacturing, -- Collaborative analytics platform to help improve supply chain transparency and tackle chip shortage, -- Laura Matz, Chief Science and Technology Officer of Merck KGaA, Darmstadt, Germany, will lead the partnership. I strongly agree with the aims and ambitions of the federated data platform programme, she said. "Leveraging lessons from our partnership in the commercial sector, we are looking forward to delivering innovation on behalf of the most important US Government missions on an accelerated timeframe. Once Palantir is in, how are you going to remove them? one source with knowledge of the matter told the FT. How worried should we be about all this? Please go to the link in the email message to retrieve your password. This includes businesses in retail, financial services, manufacturing, healthcare and telecommunications. He has cultivated an air of malevolent mystique. Except as required by law, we do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments, or otherwise. r/PLTR Palantir/Microsoft . Headquartered in Denver, Colorado, it was founded by Peter Thiel, [3] Nathan Gettings, Joe Lonsdale, Stephen Cohen, and Alex Karp in 2003. The NHS has failed to win public trust in previous schemes to use sensitive patient data. Apr. It's a lofty figure for a firm that has never turned a profit, been hit by privacy concerns and relies on public agencies for nearly half of its business. By combining the strengths of Sompo and Palantir, Palantir Japan promotes the security, health, and wellbeing of Japanese society through its work with customers across government and commercial sectors. These statements are subject to risks and uncertainties, many of which involve factors or circumstances that are beyond our control. As the New York Times warned in a recent profile: Thiels wealth could accelerate the shift of views once considered fringe to the mainstream while making him a new power broker on the right., When he isnt pumping money into far-right politicians, Thiel is busy accelerating the surveillance state. Its all too easy to imagine him sitting in a futuristic panopticon, torturing kittens and plotting how to overthrow democracy. Read our press releases for the latest customer and financial announcements. 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. Cision Distribution 888-776-0942 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. February 5, 2021 by Palantir Media DENVER-- ( BUSINESS WIRE )--Palantir Technologies Inc. (NYSE:PLTR) and bp (NYSE:BP) have extended their partnership to support bp as it works towards its ambition to become a net zero company by 2050 or sooner, and to help the world get to net zero. He said there should have been a consultation and detailed information on the legal justification for the proposed use of patient records. In 2020, we generated $1.1 billion in revenue, up 47% year-over-year. DENVER, April 17, 2023 /PRNewswire/ -- Palantir Technologies Inc. (NYSE: PLTR) announced today that results for its first quarter ended March 31, 2023 will be released on . From the PR, The platform will also enable industry actors to understand on a deeper level the interaction between materials and processes at semiconductor fabrication plants. Go to PLTR r/PLTR by BinkyBBall. Additional information regarding these and other risks and uncertainties is included in the filings we make with the Securities and Exchange Commission from time to time. Shareholders will have to be aware that while many states and companies see benefit from using its software, there are also many with an interest in exposing any further controversies it might be involved in. They also want to promote the benefits to the public of using NHS data to speed up diagnosis and help clinicians reduce waiting times. 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. "Advance registration for Apollo Demo Day is required, and is available at https://www.palantir.events/apollo-demo-day. "The datastore is the largest pool of patient data in UK history. The contract notice for the project is waiting to be signed off by the health secretary, Steve Barclay, and will be issued in the coming weeks. Apollo is a complicated product. To this day, the founding family remains the majority owner of the publicly listed company. Athinia acts independent from the Electronics business sector of Merck KGaA, Darmstadt, Germany, and enables data sharing only on codified and anonymized data and customers will retain full control of their data, including intelligent purpose-based access control management. By providing my email, I consent to receiving investment related electronic messages from Stockhouse. DENVER-- ( BUSINESS WIRE )--Palantir Technologies Inc. (NYSE:PLTR) today announced financial results for the second quarter ended June 30, 2021. "Politics has entered business in a way we haven't seen before and you see large companies being influenced by employees and others in interesting ways," Mr Moerdler told the BBC. 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 . Palantir Continues Vital NHS Work With $31.5M Contract December 23, 2020 06:32 AM Eastern Standard Time DENVER-- ( BUSINESS WIRE )--Palantir Technologies UK (NYSE: PLTR) has signed a new. If you would like to submit a letter of up to 300 words to be considered for publication, email it to us at [email protected], Original reporting and incisive analysis, direct from the Guardian every morning. "We have chosen sides, and we know that our partners value our commitment.". 17, 2023, 04:05 PM. Big data and analytics player Palantir's stock has already lost about 21% of its value year-to-date in 2022, underperforming the S&P 500 which is down by about 6%. While its efforts to make inroads in the corporate world were rocky initially, Palantir's commercial business has grown. ", "Palantir was founded to build software for the world's most critical institutions," said Alex Karp, Chief Executive Officer of Palantir. PR Newswire - Mon Apr 17, 3:05PM CDT. However, some have questioned whether these measures go far enough. Except as required by law, we do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments, or otherwise. 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 capital arm of the CIA. May 8th, after market closes. 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. While it is hardly unusual for a billionaire to throw money at conservative politicians, Thiel is notable for expressing disdain for democracy, and funding far-right candidates who have peddled Trumps dangerous lie that the election was stolen from him. I'll release my thoughts on the new demo day offerings when they are released in 2 weeks. Approximately 130,000 Fujitsu people support customers in more than 100 countries. Original reporting and incisive analysis, direct from the Guardian every morning. Visit: www.palantir.com About Trafigura Founded in 1993, Trafigura is one of the largest physical commodities trading groups in the world. These - a source told me - have included work with GCHQ's cyber-spies as well as publicly declared work for the Ministry of Defence. On May 9, 2022, Palantir issued a press release announcing its Q1 financial results and guidance for Q2. These risks and uncertainties include our ability to meet the unique needs of our customers and partners; the failure of our platforms to satisfy our customers and partners or perform as desired; the frequency or severity of any software and implementation errors; our platforms' reliability; our customer's and partner's ability to modify or terminate the contract; the possibility that this partnership may not advance our business strategy or may expose us to unexpected liabilities; we may get an unsatisfactory return on our investment in the partnership; the partnership may distract management and divert resources from our core business, including our business development and product development efforts; and the partnership may conflict with our sales strategy. 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 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'. 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. In addition to providing clients with the technology they need, together IBM and Palantir have the combined expertise and data science skills to help businesses scale AI. Around 58,000 employees work to make a positive difference to millions of people's lives every day by creating more joyful and sustainable ways to live. For any questions regarding the event, please email. The company also reported its first. "Our focus continues to be on building up our partner ecosystem to accelerate innovation and provide trusted, flexible, and advanced cloud solutions for the national security mission.". But while Palantir might like to highlight the lives it helps save, it has also been accused of having "blood on its hands" by civil rights protesters. 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. 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. Merck KGaA, Darmstadt, Germany, a leading science and technology company, operates across healthcare, life science and electronics. Here's the press release from Palantir's IR. 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. 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. -New solution leverages Palantir Foundry and integrates with IBM Cloud Pak for Data, IBM Watson and Red Hat OpenShift, -Partnership designed to support businesses looking to maximize the value of vast amounts of data -- including those in retail, financial services, manufacturing, healthcare and telecommunications, -The two companies will also deliver the expertise and data science skills businesses need to scale AI-infused solutions. Patients will have no say over records going to Palantir, the software giant run by billionaire Republican backer. 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. 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