Palantir

Palantir CEO Alex Karp criticized OpenAI and Anthropic for failing to deliver enterprise value and risking IP exposure, but the article argues his claims are self-serving and exaggerated. While some companies report limited ROI from frontier AI models, others see value in areas like software development and customer service. Palantir partnered with Nvidia to offer sovereign AI infrastructure for the U.S. government and critical industries.

Michael Burry, known for his 'Big Short' housing bubble bet, criticized President Donald Trump after Trump mocked short sellers at a White House event. Burry argued Trump lacks understanding of his investment strategies but has effectively enriched himself and allies, referencing Trump's reported $2 billion earnings. Burry also discussed the risks and strategies of short selling in his Substack posts.

Ondas acquired DYZNE for $876 million, continuing its recent acquisition spree of eight companies in two years. The company plans to integrate its drone portfolio and develop an AI command system in partnership with Palantir.

Al Vigier argues that Canada's AI strategy should exclude secret Palantir bills. The article highlights concerns about transparency and potential risks associated with incorporating Palantir's technology into national AI initiatives.

Andy Burnham, expected to become UK prime minister, is set to remove Palantir from the NHS despite the company's £330m contract. Palantir faces criticism for its ties to the Israeli military and potential involvement in unlawful actions in Palestine. The firm also has defense contracts in the UK and is under investigation for its AI system's role in a deadly missile strike.

Palantir, a US data surveillance firm linked to Israeli military actions in Gaza, has secured over £670m in UK government contracts since 2020, including deals with the NHS and Ministry of Defence. The firm faces ethical and security concerns due to its alleged role in supporting Israel’s targeting of civilians and its controversial corporate rhetoric.

A top official recused herself from a decision on the NHS Palantir contract due to prior business links. MPs raised concerns over Samantha Jones's previous consulting work.

Andy Burnham, likely next UK PM, is set to ban Palantir from the National Health Service (NHS) due to concerns over the company's work with the Israeli military and US immigration authorities. Burnham is reviewing the government’s artificial intelligence strategy, with an aide noting that 'unfettered tech boosterism' is turning off voters.

The June jobs report was weak, and Palantir received a significant upgrade. The article highlights key market-moving events for Thursday as outlined by Jim Cramer.

The Spanish government is reportedly banning the use of Palantir, a US-based data firm, due to national security concerns. El Confidencial cited board members of public companies stating they have been ordered to avoid contracts with Palantir. The company, owned by Peter Thiel, holds £670m in UK contracts, including with the NHS, and faces accusations of facilitating genocide in Palestine.

Palantir CEO Alex Karp criticized AI labs for overselling models and failing to deliver value to enterprises, citing concerns over data security and wasted spending. He highlighted growing dissatisfaction among businesses, who privately express frustration with token-based costs and loss of competitive advantage.

Palantir's Karp criticizes OpenAI and Anthropic's token pricing model, arguing that rising costs are pushing companies toward open weight models and efficiency. He claims 'something has gone completely wrong' with the token-based approach, which prioritizes tokenmaxxing over practical use.

Palantir released a 9-point manifesto on 'AI sovereignty' via X, urging institutions to retain data in-house and avoid 'tokenmaxxing'—excessive spending on AI. The post criticizes frontier AI labs for prioritizing token usage over robust solutions and emphasizes controlling AI weights to preserve institutional knowledge and decision-making power.

Amazon is investing $1 billion to adopt Palantir’s AI strategy and is deploying engineers to clients to enhance artificial-intelligence adoption.

Palantir and Nvidia are collaborating to develop AI solutions for U.S. government agencies by integrating Nvidia's Nemotron open models with Palantir's software. The partnership aims to enable agencies to train and deploy AI in secure, air-gapped environments.

Steve Eisman criticizes SpaceX's stock valuation, comparing its revenue to Kellogg's while noting no company of its size has ever been valued at over 100x revenue. He highlights asteroid mining plans in SpaceX's S-1 filing and contrasts this with the fictional context of Apple TV's 'For All Mankind.' Eisman, known for shorting the 2006-2007 housing bubble, argues hype and sci-fi-inspired ambitions are distorting market valuations.

Three founders of Outward Intelligence bootstrapped their polling company to over $1 million in revenue eight months after launch by leveraging AI to reduce costs and defer hiring. They prioritized profitable growth without venture capital funding, relying on their combined expertise in product, research, and engineering.

Palantir's stock has fallen over 30% since June, hitting a new 52-week low amid its worst monthly performance in years, despite the ongoing AI boom.

Michael Burry, known for his role in 'The Big Short,' has a Lululemon shopping bag with an 'Atlas Shrugged' quote framed in his office. He views the bag as a misstep for the brand, which he believes has caused customer alienation and stock declines. Despite this, Burry considers Lululemon stock undervalued and predicts a strong rebound.

Palantir, a tech company known for national-security AI tools, launched a controversial chore coat that blends practicality with polarizing design. The jacket, made in the U.S. with American-grown cotton, features a bold blue color, oversized fit, and a motivational message from the company's CTO sewn into the lining. Critics have mocked the product, linking it to Palantir's controversial role in military and immigration systems.

NHS England has acknowledged that key data does not demonstrate Palantir’s effectiveness. The health service stated that performance improvements cannot be linked to a £330mn contract with Palantir.

The Metropolitan Police Service (MPS) will deploy live facial recognition (LFR) cameras in London's West End and Soho by year-end, following a Croydon pilot that resulted in 173 arrests and one false alert. Civil liberties group Big Brother Watch criticized the expansion, citing lack of parliamentary regulation and racial bias in the technology, referencing a case where a man was wrongly arrested due to a misidentification. The MPS highlighted budget constraints and rejected a Palantir contract due to controversy.

The article discusses the decline of 'tokenmaxxing' as companies like Amazon, Palantir, Duolingo, Meta, and AT&T reduce AI use due to rising costs and inefficiency. AI sprawl, characterized by employees using multiple uncoordinated tools, leads to wasted budgets and duplicated efforts. A survey by Glean's Work AI Institute reveals 77% of AI users engage with multiple tools weekly, but only 13% report significant company performance improvements.

The Federal Aviation Administration (FAA) is using artificial intelligence, specifically Palantir's AI tool Foundry, to analyze data and predict runway safety issues. The project, funded by a GOP-led megalaw, aims to reduce runway incursions by integrating scattered data sources and has already led to safety measures like banning parallel landings at San Francisco International Airport.

Hackers have claimed to leak stolen data from Madison Square Garden. Additional updates include San Francisco gay bars implementing face scanners, France ending its relationship with Palantir, and Apple planning changes to its private email system.

Palantir objects to France ending a domestic security contract, calling it a serious matter. The company made the statement at the World Economic Forum in Davos, Switzerland.

Palantir's software, intended to address chronic waiting lists in the UK's NHS, has sparked controversy for the US-based tech company. The solution aimed at improving public health service efficiency has become a point of contention.

A New York House primary has become a battleground for competing AI industry interests, with groups funded by OpenAI and Anthropic spending millions to oppose or support Assemblyman Alex Bores. The race highlights tensions over AI regulation, with Bores' past work on AI safety legislation and his former employment at Palantir adding to the controversy.

France is replacing the US-based company Palantir with the alternative ChapsVision. The article also touches on topics such as AI gigafactories and sovereignty.

France’s spy agency ended its contract with US-based software company Palantir, opting for a domestic rival. The move reflects growing European concerns over tech sovereignty, fueled by the US blocking access to Anthropic’s AI models and Palantir’s controversial deals in the UK and Germany. However, replacing US tools carries risks, as European alternatives are seen as inferior in military and cybersecurity applications.

France’s government is replacing Palantir’s AI systems with domestic provider ChapsVision to reduce reliance on U.S.-controlled technologies. The move, driven by concerns over strategic autonomy and data security, includes a 655 million euro investment in France’s AI development. Palantir claims its contract remains active to avoid a security capacity gap.

France’s spy agency has replaced Palantir with a local competitor. The move is part of a broader European effort to reduce reliance on US technology companies.

Claims of Palantir's improvement in the NHS are driven by a handful of hospitals, but data shows some trusts have delivered fewer operations since adopting the US company’s technology.

The UK government is reviewing its contract with Palantir for the NHS Federated Data Platform, awarded under a SaaS model with £330 million. Experts criticize the deal due to Palantir's ties to US security agencies and the NHS's failure to establish health data standards, while the company claims improved patient outcomes.

NHS patients in England cannot opt out of Palantir's NHS Federated Data Platform (FDP) data processing, but individual NHS trusts can choose to avoid using it. Palantir's role in the FDP has faced scrutiny over data access risks and political pressure to end its involvement, with the government deciding this year whether to extend its contract beyond 2027.

Palantir lost a legal challenge to compel a Swiss magazine to publish its responses to articles about the Swiss government rejecting the company’s services. A Zurich commercial court ruled that only one passage in an article required a published response from Palantir, which lost 22 out of 23 counts in the lawsuit.

Palantir has lost a legal challenge against a Swiss investigative magazine. The case, covered in an article by the Financial Times, resulted in the company's defeat. Hacker News users have commented on the story with 10 points and 2 discussions.

Palantir, chaired by Peter Thiel, lost a legal challenge against a Swiss investigative magazine. The lawsuit was over reports that Switzerland rejected the company's approaches.

The Palantir controversy is hindering progress of the NHS, with backlash against American technology putting better patient outcomes at risk.

Protesters in the UK demanded Palantir's removal from the National Health Service due to privacy concerns and political grievances. The demonstrations occurred at a major healthcare conference, where activists urged the NHS to sever ties with the technology firm.