The firm helps analyse huge volumes of data from governments and others, and sorts through the tangle for useful insights, patterns and connections. Palantir CEO Alex Karp on Responsible AI in Warfare | REAIM 2023. May 8th, after market closes. Palantir Technologies is a public American company that specializes in big data analytics. Among a host of new offerings, developers and DevOps organizations that adopt Apollo can ship new features faster, encode security and quality requirements, and write code once that works across virtually all environments from public cloud, private cloud, hybrid cloud, on premises, data centers, and edge devices, including Humvees, drones, satellites, and more. Laura Matz, Chief Science and Technology Officer of Merck KGaA, Darmstadt, Germany,will lead the partnership as CEO of Athinia. Since its founding in 1668, scientific exploration and responsible entrepreneurship have been key to the company's technological and scientific advances. My hope is that this product demo event is not only rooted in showing the new innovations they've created for Apollo, but also explaining it in a more simpler way for audiences and organizations to understand the value proposition. The neonatal intensive care unit at Burnley General hospital, Lancashire. In advance of the direct listing of Palantir Technologies, Inc. on the New York Stock Exchange on September 29, Amnesty International released today a new briefing, Failing to Do Right: The Urgent Need for Palantir to Respect Human Rights, where the organization concludes that Palantir is failing to conduct human rights due diligence around its The Athinia platform is powered by Palantir Foundry, which enables users to structure and analyze data from disparate sources, generate powerful insights and support operational decisions, all while helping to ensure that sensitive data is processed in accordance with applicable data privacy rules, regulations, and norms. DENVER, April 5, 2023 /PRNewswire/ -- Palantir Technologies Inc. (NYSE: PLTR) today announced that Palantir Federal Cloud Service (PFCS) achieved FedRAMP authorization and accreditation to support workloads at U.S. Department of Defense (DoD) Impact Level (IL) 4 and DOD IL5 on Microsoft Azure. Open Democracy said it had launched the legal action over Palantir's long-term involvement in the analysis of vast amounts of public health data. He has cultivated an air of malevolent mystique. The technical complaint in the legal case is about whether a fresh Data Protection Impact Assessment needed to be done for the revised deal. Visit: www.palantir.com About Trafigura Founded in 1993, Trafigura is one of the largest physical commodities trading groups in the world. 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. February 1, 2023. These risks and uncertainties include our ability to meet the unique needs of our customer; the failure of our platforms to satisfy our customer or perform as desired; the frequency or severity of any software and implementation errors; our platforms' reliability; and our customer's ability to modify or terminate the contract. Benzinga does not provide investment advice. In addition, shareholders can submit and vote on questions by visiting https://app.saytechnologies.com/palantir-2023-q1. Peter Thiel at the Bitcoin conference in Miami, Florida, in April 2022. eter Thiel has a terrible case of RBF reclusive billionaire face. The next day, Lord Prior emailed to thank his host for the "interesting dinner and also for the watermelon cocktails" - which Sky said cost about 60. Suppliers will benefit from internal efficiency gains through smart data integration and can be a better partner for the fabs they serve. All company or product names mentioned herein are trademarks or registered trademarks of their respective owners. It is designed to provide an easy to use "no-code/low-code" environment for building applications that use AI to inform data-driven decision making and automate tasks and processes. 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. Growth will depend on landing new, large deals every year while retaining their profitable clients - and the firm hasn't shared much about its record, said Mr Moerdler. Athinia will bring semiconductor manufacturers and materials suppliers together to share, aggregate, and analyze data to unlock efficiencies. "Our company was founded in Silicon Valley. The American software firm Palantir, which is chaired by the billionaire Donald Trump supporter Peter Thiel, is considered the favourite to win the contract. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, https://www.ibm.com/products/palantir-cloud-pak-for-data, From Roadblock to Scale: The Global Sprint Towards AI, IBM to Announce First-Quarter 2023 Financial Results, IBM Furthers Flexibility, Sustainability and Security within the Data Center with New IBM z16 and LinuxONE 4 Single Frame and Rack Mount Options. There is a line of argument that it is just a dull IT deal that people are getting worked up over because they dont like the fact that Thiel gave a bunch of money to Trump. ", Learn more about the partnership by visiting: https://www.ibm.com/products/palantir-cloud-pak-for-data. These statements are subject to risks and uncertainties, many of which involve factors or circumstances that are beyond our control. 10 stocks we like better than Palantir Technologies When our analyst team has a stock tip, it can pay to listen. Its all too easy to imagine that scenario because (apart from the torturing kittens part, obviously), that is basically how the 54-year-old billionaire already spends his days. Palantir and Space Force Expand Partnership. Just how big those opportunities are remains an open question. All Merck KGaA, Darmstadt, Germany, press releases are distributed by e-mail at the same time they become available on the EMD Group Website. The records will be de-identified for wider use on the proposed NHS platform for research and analysis to provide better targeted care. We will not release or resell your information to third parties without your permission. These statements may relate to, but are not limited to, Palantir's expectations regarding the terms and the expected benefits of the strategic partnership. The firm, which launched in 2003 with backing from right-wing libertarian tech investor Peter Thiel and America's Central Intelligence Agency (CIA), builds programs that integrate massive data sets and spit out connections and patterns in user-friendly formats. Peter Mandelsons consultancy Global Counsel has advised Palantir. Original reporting and incisive analysis, direct from the Guardian every morning. Palantir Announces Date of First Quarter 2023 Earnings Release and Webcast. For more information, please see https://www.palantir.com or email media@palantir.com. Soon it might know even more. "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.". 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. An NHS spokesperson said an assessment had been done in April, "and an update will be published in due course". For any questions regarding the event, please email. 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. Thanks for reading the article. Media Contacts:Faye AbloeserIBM [emailprotected], 1 IBM and Morning Consult: From Roadblock to Scale: The Global Sprint Towards AI, 2020 (Sponsored by IBM), Cision Distribution 888-776-0942 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. 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. In addition, shareholders can submit and vote on questions by visiting https://app.saytechnologies.com/palantir-2023-q1. It is expected to be awarded by summer 2023. For Q1, Palantir announced adjusted EPS of $0.02, . 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. Additional information is available at https://www.palantir.com. The spokesperson added that each trust and integrated care board would determine how they will use their own data platform, and that no data will be extracted from local shared care records without there being a clear legal basis to do so. Big data analytics may sound like a dry subject, but speak to the firm's staff and they can speak passionately about a job that they say has involved helping fight drug cartels, catch child predators and prevent terrorist attacks. View the, https://app.saytechnologies.com/palantir-2023-q1, https://www.prnewswire.com/news-releases/palantir-announces-date-of-first-quarter-2023-earnings-release-and-webcast-301799170.html, The Market Heralds Weekly Cannabis Report Apr 14, 2023, PermRock Royalty Trust Declares Monthly Cash Distribution, SASOL SECURES CIRCA USD3 BILLION FIVE-YEAR TERM LOAN AND REVOLVING CREDIT FACILITY AGREEMENT, Mercantile Bank Corporation Announces Strong First Quarter Results. r/PLTR Palantir/Microsoft . Analyst Report: Palantir Technologies Inc. Palantir is an analytical software company that focuses on leveraging data to create efficiencies in its clients' organizations. ARMONK, N.Y. and DENVER, Feb. 8, 2021 /PRNewswire/ --IBM (NYSE: IBM) and Palantir Technologies (NYSE:PLTR) today announced a new partnership consisting of IBM's hybrid cloud data platform designed to deliver AI for business, with Palantir's next generation operations platform for building applications. City: Tokyo On May 9, 2022, Palantir issued a press release announcing its Q1 financial results and guidance for Q2. Cori Crider, director of the legal campaign group Foxglove, said: [Palantir] is a company that has worked with border forces, spies and police. Mark Cash, equity research analyst at Morningstar, who has estimated the firm's value at $28bn - even higher than the valuation reached on Wednesday - said the firm is well-positioned in a growing industry. An NHS spokesperson said the contract was an open tender and several companies had expressed an interest. There should be a proper debate about the use of this data so people can make an informed choice.. Generate Alpha; Our Platforms . From building safer cars and planes, to discovering new drugs and combating terrorism, Palantir helps its customers across the public, private, and nonprofit sectors transform the way they use their data. 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. Fujitsu is the leading Japanese information and communication technology (ICT) company offering a full range of technology products, solutions and services. 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. "Our partnership with IBM combines our forces to put our joint solution into the hands of the institutions and people who need it most and will propel the world's most critical institutions into an unprecedented new digital age. But Open Democracy, which labels Palantir a "spy-tech" company, is critical of the extension of that short-term contract in December. This month, liberal US politicians, including Rep Alexandria Ocasio-Cortez, asked financial regulators to investigate the firm, saying the information it had provided to investors lacked transparency on key areas of risk, including data protection and work with foreign governments. DARMSTADT, Germany,and DENVER, Dec. 7, 2021 /PRNewswire/ -- Merck KGaA, Darmstadt, Germany, a leading science and technology company, andPalantir Technologies Inc. (NYSE:PLTR), a leading builder of operating systems for the modern enterprise,today announced a new partnership to deliver a secure collaborative data analytics platform for the semiconductor industry. This can help retailers to simulate and predict customer behavior and continuously monitor the health of their supply chain to proactively address critical issues and adapt faster to changes in demand and supply. BREAKING: Palantir Expands Their Microsoft Partnership to The Public Sector, Airbus and Palantir: A Partnership for Innovation in Aerospace, Revolutionizing IoT: How Palantir's Foundry is Changing the Game for Smart Devices, Palantir's Foundry for Builders: An AI-Powered Solution for Startups, Palantir: Landing High-Value Contracts for Aviation Safety, Palantir: The Data Analytics Powerhouse in the Medical Industry, Palantir: The Monopoly Machine Built on Peter Thiels Zero to One Philosophy. But Palantir still posted a loss of nearly $580m last year and relies on a relatively small number of clients for the majority of its revenue. You may later change your selection or discontinue this service. Anyone who has had any experience of the abysmal US healthcare system should be leery of private American companies worming their way into the NHS. Mr Thiel, whose estimated $2.1bn fortune was fuelled by the sale of PayPal and an early investment in Facebook, funded the Hulk Hogan invasion of privacy case that bankrupted gossip news site Gawker and has given generously to conservative politicians. Well, according to one school of thought, consternation about the potential partnership is misplaced. Campaigners warn the government risks undermining public trust with plans to shove hospital data into a private contractor without proper consultation. DENVER, April 17, 2023 /PRNewswire/ -- Palantir Technologies Inc. PLTR -0.17% + Free Alerts announced today that results for its first quarter ended March 31, 2023 will be released on Monday, May. It says it has a team focused on civil liberties issues, but it is the government's job to craft policy, not Silicon Valley's. In July 2019, Palantir's UK chief hosted Lord David Prior, chair of NHS England, the night before the launch of the NHS new technology division, NHSX, the Bureau said. The secure data collaboration environment will provide continuous feedback through a holistic view and a common operating picture of in-fab performance that can help solve quality deviations. In the US, the use of its technology by immigration authorities to help round up undocumented immigrants has drawn heated protests and in the UK, the health data handled by the firm has also raised alarms. He said there should have been a consultation and detailed information on the legal justification for the proposed use of patient records. NHS England officials say they will now develop a public pact over safeguards of medical data, outlined in the governments data saves lives policy paper published in June. February 17, 2022 by Palantir Media DENVER-- ( BUSINESS WIRE )-- Palantir Technologies Inc. (NYSE:PLTR) today announced financial results for the fourth quarter and fiscal year ended December 31, 2021. Reddit iOS Reddit Android Reddit Premium About Reddit Advertise Blog Careers Press. It has done extensive work for the intelligence sector and was originally funded by In-Q-Tel . DENVER, April 17, 2023 /PRNewswire/ -- Palantir Technologies Inc. PLTR announced today that results for its first quarter ended March 31, 2023will be released on Monday, May 8, 2023, following the close of U.S. markets. In 2016, he donated more than $1m to US President Donald Trump, though he is reportedly sitting out this election cycle. Fujitsu Limited, Palantir Technologies Japan (Palantir Japan), and Palantir Technologies Inc. (Palantir) announced an agreement that the three companies have formed a strategic partnership to bring world-class technology to the Japanese market and accelerate Japans Digital Transformation (DX) initiatives. After all, the newsletter they have run for over a decade, . 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. Additional information is available at https://www.palantir.com. An email was sent with password retrieval instructions. But, he added, "I don't think it will fundamentally impact their ability to grow the business if the opportunities are as large as they believe they are.". His team also warned in a recent note that the controversies could hurt the firm's efforts to win private-sector clients. How Palantir Is Helping To Reduce Wait Times for Cancer Patients, I Asked Chat GPT to explain how Palantir has the most disruptive Technology, Palantir's New Press Release: Apollo is Coming, Palantir has just released a press release that can be read. Apollo is a complicated product. Palantir Technologies Inc. (NYSE: PLTR) confirmed today it will . 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. The firm's finances have also improved in recent years, amid pressure from early backers to list shares publicly and allow them to cash out. - Telecommunications: In addition to supply chain management and fraud management, improving quality of service and optimizing marketing and sales campaigns to attract and retain customers is a common goal. Read about our approach to external linking. 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 Monday, May 8, 2023, following the close of U.S. markets.Palantir will host a webcast to discuss its results at 3:00 PM MT / 5:00 PM ET. Palantir earnings are out. "We think it's very hard to switch away from once you're in as a customer.". Palantir is making this event semi-exclusive, which is why they are requiring people to apply to come to the event - likely to prospect leads to close more deals vs. having it be openly public. Clive Lewis, the Labour MP, said: This looks like the contract has been set up to hand it to Palantir. "We worked with Merck KGaA, Darmstadt, Germany, to create a data sharing platform that enabled advanced predictive manufacturing for chemical mechanical polishing (CMP), a critical step in the semiconductor manufacturing process. We share IBM's commitment to the adoption of responsible and ethical AI. "In terms of growing, it still needs to be proven. For more information about Athinia, visit the website or social media channels: LinkedInYouTubeTwitter. Athinia will build upon this experience and leverage Palantir's expertise to help customers improve their decision-making in optimizing semiconductor materials. Please go to the link in the email message to retrieve your password. However, such activities are not unusual. This milestone expands Palantir and Microsoft'sstrategic partnership from the private sector to the public sector bringing the best in class cloud components to the federal marketplace. Ministers have disclosed in parliamentary answers that the patient information project does not require a public consultation before the five-year contract is tendered or additional patient consent. 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. In addition to supporting public sector and DoD customers, the Palantir Federal Cloud Service (PFCS) was also designed for the greater Defense Industrial Base. The development, release, and timing of any future features or functionality described for our products remains at our sole discretion. Capacity is limited, and registration will close 24 hours prior to the event. Palantir Technologies Inc. builds and deploys operating systems for the modern enterprise. "Athinia will help companies across the value chain bring new products to market faster and accelerate their product differentiation and growth.". We want to extend the benefits across England. But the company has also vigorously defended its government work, maintaining that its clients own and control the data. Since the establishment of Palantir Japan in November 2019, we have been working on supporting digital transformation of Japanese companies and society through the best of Silicon Valley technology, said Koichi Narasaki, CEO of the company. "With Palantir Federal Cloud Service's FedRAMP authorization on Microsoft Azure, defense organizations have even more solutions available to them to meet their critical mission needs," said Wes Anderson, Vice President, Defense, Microsoft Federal. There is a reason why pretty much every mention of Thiel tends to be peppered with adjectives such as secretive, distant and haughty. Stockhouse.com is owned by Stockhouse Publishing Ltd. 2019 Stockhouse Publishing Ltd. All rights reserved. Theyve got no place in the NHS.. 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. 2023 Benzinga.com. Revolutionizing National Security: Palantir and Lockheed Martin Joining Forces, Why Palantir Got Half A Billion From The CDC, Disrupting Healthcare as We Know It: Palantir and Tampa General Hospital, How Palantir Can Scale and Innovate Through Investment in Former Employees, The Eccentric Billionaire CEO Who's Redefining Capitalism: The Nuanced Views of Palantir's Alex Karp, We Need To Talk About Palantir's Ontology, Palantir Makes Another Big Move: Partners with Integrity Tool to Revolutionize Data Operations, Palantir is Revolutionizing Healthcare Data, Why This Investor Went All-In on Palantir, The Importance of Critical Companies: Why Palantir and SpaceX Will Never Be Allowed to Fail, Why Palantir's Work with the Government Deepens its Moat in Commercial. For more information, please see www.fujitsu.com. But Foxglove, the non-profit legal team handling the case for Open Democracy, said any new contract needed a new impact assessment. Ian Johnston / Financial Times: As Palantir vies for a 480M contract to build a "federated data platform" for the UK's NHS, experts say the company's Foundry tool is costly and hard to use Mastodon Open Links In New Tab The new product, Palantir for IBM Cloud Pak for Data, is planned for general availability in March of 2021. IBM: IBM's statements regarding its plans, directions, and intent are subject to change or withdrawal without notice at IBM's sole discretion. Forward-looking statements are based on information available at the time those statements are made and were based on current expectations as well as the beliefs and assumptions of management as of that time with respect to future events. As one Bloomberg headline put it: Palantir knows everything about you.. 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. The platform will also enable industry actors to understand on a deeper level the interaction between materials and processes at semiconductor fabrication plants. Our average revenue per customer was $7.9 million, up 41% year-over-year. Palantir, founded by Silicon Valley billionaire and close Trump ally Peter Thiel, is a data-mining firm best known for supporting the CIA's counterinsurgency and intelligence operations in Iraq. Harjeet Dhaliwal, deputy director of data services at NHS England and NHS Improvement will follow Indra Joshi, former NHSX director of AI. Before the last earnings - we got the results before the market opened for 2 years straight. "With the successful completion of FedRAMP and IL4 and IL5 accreditation on Microsoft Azure Commercial and Azure Government, Palantir and Microsoft are prepared to bring best in breed solutions to the federal government," said Akash Jain, President, Palantir USG. Thiel was famously one of Donald Trumps biggest donors in 2016; this year, he is one of the biggest individual donors to Republican politics. England and NHS Improvement will follow Indra Joshi, former NHSX director of AI to hand it Palantir. Been key to the event company or product names mentioned herein are trademarks or trademarks! Been key to the company has also vigorously defended its government work, maintaining that its clients and... Of AI every morning 2023 Earnings release and Webcast have been a consultation and detailed information the! Company or product names mentioned herein are trademarks or registered trademarks of respective... 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