Since its founding in 1668, scientific exploration and responsible entrepreneurship have been key to the company's technological and scientific advances. 0 0 . Palantir Technologies Inc. (NYSE: PLTR) confirmed today it will . Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. These statements are subject to risks and uncertainties, many of which involve factors or circumstances that are beyond our control. From advancing gene editing technologies and discovering unique ways to treat the most challenging diseases to enabling the intelligence of devices the company is everywhere. 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. The firm says it sells software products and does not monetise or collect personal data. PFCS on Azure Government meets Defense Federal Acquisition Regulation Supplement (DFARS) requirements and can support both Controlled Unclassified Information (CUI) and International Traffic in Arms Regulations (ITAR) workloads. "Data integration at this scale for the government is very complex and I think if you tried to stop spending on that and it just goes away, you're going to have some big problems," he said. In a recent press release for their fourth quarter earnings report, the company shared some good news on their revenue growth:"In 2020, we generated $1.1 billion in revenue, up 47% year-over . 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. You might never have heard of tech billionaire Peter Thiels CIA-backed analytics company. By continuing to use our service, you agree to our use of cookies. 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. Additional information is available at www.palantir.com. 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. The records contain a wide range of information including name, address, date of birth, health conditions, medications, medical notes, social care and safeguarding information. Fujitsu has also invested $50 million USD into Palantir Technologies Inc. as a strategic investment to demonstrate its commitment to the partnership, as well as its aim to become a dominant player in the rapidly growing big data analysis market. 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. But the company, which takes its name from the "seeing stones" known for their power and potential to corrupt in Lord of the Rings, says the need for the kind of software it sells "has never been greater". 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. As part of their new strategic partnership, Palantir, Palantir Japan, and Fujitsu will deliver their technologies and experience to various industries and customers throughout Japan. 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. Fujitsus partnership with Palantir Japan demonstrates its ongoing commitment to leveraging world-class technology while promoting sustainable DX for its customers. Palantir also has a project working with hospital trusts to reduce waiting lists. DALLAS and DENVER, March 2, 2022 /PRNewswire/ -- Jacobs (NYSE: J) and Palantir Technologies Inc. ("Palantir,"NYSE: PLTR) today announced a global strategic collaboration targeting data and. Palantir for IBM Cloud Pak for Data is intended to help unify data across silos and disparate systems, to provide consistent datasets for healthcare providers, researchers and institutions to analyze in order to generate outcomes for their business and patients. Palantir's Accounting Gimmick: A Risky Move or a Sign of Confidence in Future Growth? 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 . Analyzing Palantirs $43M Contract to Help Protect U.S. Space Domain, BREAKING: A Palantir Consortium of Competitors Throw In The Towel, How Palantir's Technology Benefits Kinder Morgan's Pipeline Operations, How Palantir's Investment in Lilium Could Shake Up the Air Transportation Space. Palantir for IBM Cloud Pak for Data is being designed to help combine data from suppliers, CRM applications, sales orders and production data with models for campaign optimization, call center optimization,and attrition prediction/prevention in order to improve customer care and increase value across multiple business objectives. I'll release my thoughts on the new demo day offerings when they are released in 2 weeks. The only exceptions are the United States and Canada, where the business sectors of Merck KGaA, Darmstadt, Germany operate as EMD Serono in healthcare, MilliporeSigma in life science, and EMD Electronics. A live webcast and replay will be available at investors.palantir.com, and participants can pre-register here. Company: Additional information is available at https://www.palantir.com. Fujitsu is the leading Japanese information and communication technology (ICT) company offering a full range of technology products, solutions and services. Thiel was famously one of Donald Trumps biggest donors in 2016; this year, he is one of the biggest individual donors to Republican politics. However, some have questioned whether these measures go far enough. These statements may relate to, but are not limited to, Palantir's expectations regarding the amount and the terms of the contract and the expected benefits of our software platforms. Palantir will host a webcast to discuss its results at 3:00 PM MT / 5:00 PM ET. 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'. Athinia will build upon this experience and leverage Palantir's expertise to help customers improve their decision-making in optimizing semiconductor materials. . The company also reported its first. Merck KGaA, Darmstadt, Germany, has recently worked with leading semiconductor companies to leverage AI and data analytics for solving key challenges. 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. 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. Open Democracy and Foxglove are crowdfunding 60,000 for the costs of the case. 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. The outspoken defence is perhaps little surprise, coming from a firm co-founded by Mr Thiel, who famously abandoned Silicon Valley in 2018, decrying its liberal politics. On May 9, 2022, Palantir issued a press release announcing its Q1 financial results and guidance for Q2. 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. The product is expected to simplify how businesses build and deploy AI-infused applications with IBM Watson and help users access, analyze, and take action on the vast amounts of data that is scattered across hybrid cloud environments without the need for deep technical skills. Prospective investors have to be "comfortable" with the firm's leaders - especially since, under the terms of the listing, they will continue to wield outsize voting power over the firm, even after ownership shifts to the public, said Mark Moerdler, senior research analyst at Bernstein Research. We're aiming to support IL6throughmulti-cloud service integration. The platform will also enable industry actors to understand on a deeper level the interaction between materials and processes at semiconductor fabrication plants. That reflects both the work it does for European clients including BP, Airbus and Ferrari - but also its UK government contracts, which predate the coronavirus pandemic by several years. Delivered today. Information regarding potential future products is intended to outline our general product direction and it should not be relied on in making a purchasing decision. 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. Shares of Palantir popped in extended trading Monday after the company released fourth-quarter earnings that beat analysts' estimates on top and bottom lines. 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. For more information, please see www.fujitsu.com. - Healthcare: Data silos have long plagued the healthcare industry potentially preventing data analysis that could improve business processes and overall care. For more information, please see https://www.palantir.com/jp/palantir-foundry/impact/. By default, joining or signing in using your Facebook account will work and the email address will be shared by Facebook automatically. "In terms of growing, it still needs to be proven. Cookies are used to offer you a better browsing experience and to analyze our traffic. Under the Palantir deal, personal information processed in the NHS Data Store is "pseudonymised, anonymised or aggregated" to help protect people's privacy. They added that the firm that won the contract would not be permitted access to the data or allowed to share it for its own purposes. The number of customers generating more than $1 million in annual revenue grew 32% year-over-year. 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. We founded Palantir to support democratic governments around the world, including the United States and its allies abroad, particularly in times of crisis, said Alexander Karp, co-founder and chief executive officer of Palantir Technologies Inc. The partnership with Fujitsu further reflects our commitment to Japan to ensuring that the countrys leading commercial institutions and government agencies have the software they need to do their jobs, whether it is responding to a public health crisis or defending the nation.. 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. NHS England has already instructed NHS Digital, the national provider of health data and information, to use Palantirs operating platform called Foundry to collect patient data from acute trusts, including a persons NHS number, date of birth, postcode and data about admission and inpatient activity. 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. Laura Matz, Chief Science and Technology Officer of Merck KGaA, Darmstadt, Germany,will lead the partnership as CEO of Athinia. In fact, the firm has effectively become the bogeyman of surveillance tech. The company holds the global rights to the name and trademark "Merck" internationally. "We have to move away from the idea that data analyticsand data collection is objective or clean or immune from all the pathologies that we're seeing play out right now," said Paromita Shah, executive director at Just Futures Law, which focuses on immigration law. Palantir Technologies Inc. (NYSE: PLTR, "Palantir"), a leading builder of operating systems for the modern enterprise, and Concordance Healthcare Solutions LLC, one of the largest, independent. Theyve got no place in the NHS.. We want to extend the benefits across England. "Advance registration for Apollo Demo Day is required, and is available at https://www.palantir.events/apollo-demo-day. For any questions regarding the event, please email. 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. Capacity is limited, and registration will close 24 hours prior to the event. 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. What dark magic Palantir does with data is a bit of a mystery but it has its fingers in a lot of pies: it has worked with F1 racing, sold technology to the military, partnered with Space Force and developed predictive policing systems. Most people don't understand it. But it could know all about you if it wins a contract to manage NHS data. 2023 BBC. As part of today's news, Palantir is adopting Red Hat OpenShift, allowing it to run anywhere in the hybrid cloud. Thinking about buying stock in McCormick, General Electric, Enphase Energy, Palantir PR Newswire (Press Release) 14:37 28-Mar-23. There is a reason why pretty much every mention of. The BBC is not responsible for the content of external sites. 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. "Our governments are the problem because they don't want to set up oversight, but Palantir takes advantage of it.". An NHS spokesperson said the contract was an open tender and several companies had expressed an interest. Thanks for reading the article. 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. All company or product names mentioned herein are trademarks or registered trademarks of their respective owners. This has created a critical need for a secure data collaboration platform that can provide the transparency and data intelligence companies need to solve challenges such as chip shortages and supply chain issues," said Kai Beckmann, Member of the Executive Board of Merck KGaA, Darmstadt, Germany, and CEO Electronics. If you would like to submit a letter of up to 300 words to be considered for publication, email it to us at guardian.letters@theguardian.com, Original reporting and incisive analysis, direct from the Guardian every morning. 2023 BBC. Foundational software of tomorrow. The firm helps analyse huge volumes of data from governments and others, and sorts through the tangle for useful insights, patterns and connections. "Partnering with Palantir, we've combined our collective expertise in materials science, data analytics and security to increase our customers' efficiencies and time to innovation. The NHS is being taken to court over its contract with controversial US data firm Palantir. 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. PR Newswire - Mon Apr 17, 3:05PM CDT. When typing in this field, a list of search results will appear and be automatically updated as you type. We have some of the most robust safeguards in the world for data, and worked extensively on these proposals with privacy groups, clinicians and patients.. It is active in more than 150 countries, including the UK, where it was one of the tech firms the government enlisted this spring to help respond to coronavirus. It said the deal "risks demolishing trust in the NHS". By extending this approach to the broader supply chain and enabling a data ecosystem, we believe advanced predictive manufacturing can be accelerated for the broader semiconductor industry,"said Raj Narasimhan, Corporate Vice President, Global Quality, Micron Technology, Inc. Reddit iOS Reddit Android Reddit Premium About Reddit Advertise Blog Careers Press. "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. Benzinga does not provide investment advice. A Palantir spokesperson said: Were incredibly proud of our support for the NHS. These statements are subject to risks and uncertainties, many of which involve factors or circumstances that are beyond our control. 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. "We think it's very hard to switch away from once you're in as a customer.". 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. businesswire, May 24, 2021, 10:59 am. 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. 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. Dr Nicola Byrne, the national data guardian, said her office was advising the government on public engagement. 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.". When Palantir says that "These new products will enable companies to autonomously deploy and manage complex software," they are arguing for Apollo being a foundational backbone to how most organizations ship software. These risks and uncertainties include our ability to meet the unique needs of our customers; the failure of our platforms to satisfy our customers or perform as desired; the frequency or severity of any software and implementation errors; our platforms' reliability; and our customers' ability to modify or terminate their contracts. 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 displays Tai Chi swords in his offices, according to Bloomberg, and the firm's presentation to investors this month opened with a video of him racing up a hill in orange exercise gear. All Merck KGaA, Darmstadt, Germany, press releases are distributed by e-mail at the same time they become available on the EMD Group Website. We look forward to launching these joint solutions with our federal partners.". Palantir Growth: Is the Company Sandbagging? Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, Department of State Selects Palantir to Modernize Data Management for the Bureau of Medical Services, Palantir Signs $50 Million Expansion with SOMPO Holdings. Q4 2021 Highlights Total revenue grew 34% year-over-year to $433 million Commercial revenue grew 47% year-over-year "If they can make the product critical to an organisation, it can be sticky, but the road there is long," he said. It went on to win a 23.5m contract in December 2020 to provide real-time information on disease prevalence and vaccinations during the outbreak. 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. Our average revenue per customer was $7.9 million, up 41% year-over-year. 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. Related Topics . Original reporting and incisive analysis, direct from the Guardian every morning. 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. Our software helped the NHS to save thousands of lives by powering the Covid vaccination programme. Improving access to high-quality data is key to improving health and care outcomes. Byrne added that her office was eager to see the programme avoid common pitfalls around trust and transparency, and had made clear it needed to build in sufficient time to listen to patients and professionals and then adapt plans in accordance with the advice received. You may later change your selection or discontinue this service. Procurement officials are expected to stay on top of developments in the field, he said, although "whether it's best done over 60 cocktails is another question". See. Palantir was co-founded in 2003 by Thiel, a tech entrepreneur and major donor to the Republican party. To help address these challenges, the new productwill leverage Palantir Foundry and will integrate with IBM Cloud Pak for Data services, such as Watson, providing an information architecture that includes data and AI with built-in governance. In 2016, he donated more than $1m to US President Donald Trump, though he is reportedly sitting out this election cycle. r/PLTR Palantir/Microsoft . . Palantir + Google = Working with Russia and/or China? Palantir Foundry is designed to provide world-class security, access controls, partitioning, auditing, and accountability functions to support responsible data use. Approximately 130,000 Fujitsu people support customers in more than 100 countries. A live webcast and replay will be available at investors.palantir.com, and participants can pre-register here. 3 min read DENVER, July 28, 2022 -- ( BUSINESS WIRE )--Palantir Technologies Inc. (NYSE: PLTR) today announced that it will expand its work with the U.S. Army Research. They say patients have a legal right to a say. "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. 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. Financial Market Data powered by QuoteMedia. Here's the press release from Palantir's IR. Palantir Japan aims to promote our cutting-edge technology by cooperating with partners like Fujitsu to accelerate digital transformation for the most important institutions and in Japanese society as a whole.. Will build upon this experience and leverage Palantir 's long-term involvement in the analysis vast... 41 % year-over-year to palantir press release thousands of lives by powering the Covid programme! 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