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Palantir

The Download: a military AI boom, and China’s industrial espionage

Exactly two weeks after Russia invaded Ukraine in February, Alexander Karp, the CEO of data analytics company Palantir, made his pitch to European leaders. With war on their doorstep, Europeans ought to modernize their arsenals with Silicon Valley’s help, he argued in an open letter. Militaries are responding to the…
bubmag
July 7, 2022
Palantir

Why business is booming for military AI startups 

Exactly two weeks after Russia invaded Ukraine in February, Alexander Karp, the CEO of data analytics company Palantir, made his pitch to European leaders. With war on their doorstep, Europeans ought to modernize their arsenals with Silicon Valley’s help, he argued in an open letter.  For Europe to “remain strong…
bubmag
July 7, 2022
Palantir

Palantir Stock Collapses After Disappointing Earnings—CEO Warns Threat Of Nuclear War ‘Significantly’ Underestimated

Topline Shares of big-data analytics firm Palantir Technologies, which specializes in military software, plummeted to a record low Monday morning following a disappointing earnings report and a cautionary note from CEO Alexander Karp, who urged governments to weigh the consequences of further escalation between Russia and Ukraine despite acknowledging that…
bubmag
May 9, 2022
Palantir

Former NHSX director of AI Indra Joshi joins Palantir Technologies

Former NHSX director of artificial intelligence (AI), Indra Joshi is reported to have joined US data analytics giant Palantir Technologies. Joshi quit the role on 31 March 2022, writing on LinkedIn: “After five rewarding years at NHS England and setting up the NHS AI Lab, it's time to take a break before moving on…
bubmag
April 24, 2022
Palantir

NHS England seeks £240m data platform to tackle COVID recovery

NHS England is planning the procurement of a data platform with up to £240m million ($312 million) on the table to help in re-organization of the health service and recovering from the COVID-related backlog in care. The government body responsible for directing £136 billion (circa $176 billion) worth of health…
bubmag
April 14, 2022
Palantir

The Wall Street Journal: Disruptive Technology Solutions accuses Morgan Stanley of front-running block trade in Palantir stock

An investor accused Morgan Stanley of leaking information about a large sale of shares of Palantir Technologies Inc., saddling it with millions of dollars in losses. Morgan Stanley MS, -2.29% is at the center of a broad federal investigation into whether Wall Street banks told favored clients about pending sales, known as block trades, that…
bubmag
April 5, 2022
Palantir

Why Palantir Stock Is Gaining Today

Published Mar 29, 2022 3:34PM EDT What happened Shares of Palantir Technologies (NYSE: PLTR) are climbing in today's trading session. The big data analytics company's stock was up roughly 5.5% as of 2:45 p.m. ET on Tuesday. Meanwhile, the Nasdaq Composite index was up roughly 1.7%. Growth-dependent technology stocks are…
bubmag
March 29, 2022
Palantir

NHS teams with Palantir to tackle elective care waiting lists

The NHS is working with US software firm Palantir to help reduce the backlog of patients waiting for elective care after the pandemic. Palantir’s Foundry operating system is due to be rolled out across 30 hospital trusts this month, following a recent pilot at Chelsea and Westminster Hospital Trust. Chelsea…
bubmag
March 7, 2022