Palantir

Overview

Named after a magical stone from "Lord of the Rings," Palantir is a data analytics company that develops software created to connect large, messy datasets, allowing government agencies and companies to track predictive patterns and spot trends.

Palantir was founded in 2003 by PayPal cofounder Peter Thiel, its current CEO, Alex Karp, and three others. Its leadership team has said the company was started to protect Western institutions from the threat of terrorism and non-Western adversaries. Today, the company is worth more than $300B.

Palantir markets two core products, Gotham for government agencies and Foundry for large enterprises. US government agencies, including Immigration and Customs Enforcement and the US Department of Defense, have used Palantir's services. The company aided logistics during the COVID-19 vaccine rollout and has streamlined data for police departments, airline manufacturers, electric and gas utilities, and more.

Critics have accused Palantir of enabling government surveillance with little accountability and locking in vendors by refusing to transfer data. Karp's political commentary, including a 2026 book and manifesto, argues Silicon Valley has a moral debt to the US military.

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