Palantir, The Data-Mining Company Cofounded By Trump Ally Peter Thiel Lands $823 Million Government Contract
Summary
Palantir Technologies Inc., a controversial company cofounded by investor and President Trump ally Peter Thiel in 2004, has landed a U.S. Department of Defense software contract worth as much as $823 million, according to communications reviewed by Bloomberg News. Palantir’s software has been used for enabling the immigration deportation policies championed by President Trump, as well as for philanthropic ones like preventing sex trafficking and finding missing children, Bloomberg reported. Last year, Amazon faced pressure from employees and external immigration advocates to stop working with Palantir after squalid conditions at migrant detention centers were publicized. Palantir is exploring an IPO and a direct stock listing, Bloomberg has reported. Palantir did not immediately respond to a request for comment on the Bloomberg story.
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