Q&A

Is Facebook using Palantir?

Is Facebook using Palantir?

Facebook’s billions are backing two tech direct listings on Wednesday: Palantir and Asana. Palantir and Asana are pursuing direct listings, following the path of Spotify and Slack. Peter Thiel, an early Facebook investor and board member, co-founded Palantir and invested early in Asana.

Who is behind Palantir?

Peter Thiel
Palantir Technologies is a public American software company that specializes in big data analytics. Headquartered in Denver, Colorado, it was founded by Peter Thiel, Nathan Gettings, Joe Lonsdale, Stephen Cohen, and Alex Karp in 2003….Palantir Technologies.

Type Public company
Number of employees 2,733 (Sep. 2021)
Website palantir.com

How does Palantir ingest data?

Palantir ingests data from a variety of sources regardless of format or size. Most data is ingested automatically through the back end, but data can also be created or entered through the user interface. “All data that has been exported into, or constructed within Palantir, can be exported.”

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Does Palantir mine data?

Palantir specializes in big data analytics. Palantir builds software that connects data, technologies, humans and environments. This isn’t your father’s business intelligence software.

Who has invested in Palantir?

Top 10 Owners of Palantir Technologies Inc

Stockholder Stake Shares bought / sold
The Vanguard Group, Inc. 6.21\% +18,290,420
BlackRock Fund Advisors 3.38\% +21,784,348
ARK Investment Management LLC 2.00\% +6,560,451
SSgA Funds Management, Inc. 1.71\% +11,964,884

Does Peter Thiel still own Palantir?

Palantir is not currently owned by hedge funds in a significant way. In Palantir’s case, its top key executive, Peter Thiel, is the largest shareholder, holding 7.1\% of shares outstanding. In comparison, the second and third largest shareholders hold about 5.5\% and 5.0\% of the stock.

Does Palantir use graph database?

Palantir, the mysterious San Francisco startup working with US agencies seems to rely heavily on graphs. Palantir Gotham, the flagship product of Palantir, turns data “into meaningfully defined objects and relationships: people, places, things, events, and the connections between them”.

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Is Palantir’s health tracking software dangerous?

Karp himself doesn’t deny the risk. “Every technology is dangerous,” he says, “including ours.” The fact that the health records of millions of people are now being funneled through Palantir’s software has only added to the unease.

Does Palantir have a background in Computer Science?

He co-founded Palantir with no background in computer science or business. Instead, he holds a law degree from Stanford University and a doctorate in social theory from Goethe University in Frankfurt, where for a time his thesis adviser was Jürgen Habermas, possibly Europe’s most celebrated living social philosopher.

Why did JPMorgan stop using Palantir?

Chiarello also went to First Data, as president. After their departures, JPMorgan drastically curtailed its Palantir use, in part because “it never lived up to its promised potential,” says one JPMorgan executive who insisted on anonymity to discuss the decision.

Does Palantir do business in other countries?

Karp claims a loftier ambition, however. “We built our company to support the West,” he says. To that end, Palantir says it does not do business in countries that it considers adversarial to the U.S. and its allies, namely China and Russia.