palantir press release
Stockhouse membership requires an email address which must be shared by Facebook. The firm says it sells software products and does not monetise or collect personal data. For any questions regarding the event, please email demo-day@palantir.com.". With Palantir's extensive track record in solving complex challenges and our own robust customer base and wide-ranging industry expertise, we will offer solutions that embody Fujitsu's purpose-driven mission and endeavor together to deliver new value to our customers in Japan.". 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. 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. Our role of promoting digital transformation through Palantir software platforms has become even greater through the global COVID-19 pandemic, and it is with pleasure that we welcome Fujitsu as our Flagship Technology Partner in this critical time. Palantir will host a webcast to discuss its results at 3:00 PM MT / 5:00 PM ET. IBM: IBM's statements regarding its plans, directions, and intent are subject to change or withdrawal without notice at IBM's sole discretion. Today, nearly 75 percent of businesses surveyed in an IBM sponsored report say they are exploring or implementing AI. 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. 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. When 'know your customer' is a priority across the merged entity, it becomes a significant application development and data integration endeavor to have a single client view that is complete and accurate. 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. The information mentioned regarding potential future products is not a commitment, promise, or legal obligation to deliver any material, code or functionality. 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. Through the partnership "Syntropy"both companies are determined to unleash the power of biomedical data and revolutionize cancer therapy and accelerate research. 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. While its efforts to make inroads in the corporate world were rocky initially, Palantir's commercial business has grown. 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. Q2 2021 Highlights Total revenue grew 49% year-over-year to $376 million US commercial revenue grew 90% year-over-year Closed 62 deals of $1 million or more, of which: 30 deals are $5 million or more Palantir Technologies Inc. (NYSE: PLTR) confirmed today it will . 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. "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. "I am confident that our partnership with Palantir will offer customers in Japan the chance to accelerate their digital transformation journeys, while simultaneously strengthening our own DX initiatives within Fujitsu, commented Takahito Tokita, CEO and CDXO of Fujitsu Limited. 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. Merck KGaA, Darmstadt, Germany, a leading science and technology company, operates across healthcare, life science and electronics. 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. We will not release or resell your information to third parties without your permission. They say patients have a legal right to a say. ", "We are excited to partner with market leaders in this space to create an ecosystem that will enable semiconductor companies and their suppliers to collaborate to make better decisions, combatting simultaneous demand and supply shocks," said Palantir COO Shyam Sankar. By continuing to use our service, you agree to our use of cookies. Additional information is available at https://www.palantir.com. 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. 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. "Athinia will help companies across the value chain bring new products to market faster and accelerate their product differentiation and growth.". . 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. If you'd like to get in contact, please @ me on twitter here or email me at amit@dailypalantir.com. Built on Red Hat OpenShift, Palantir for IBM Cloud Pak for Data is intended to help businesses reduce data silos, integrate data sources across hybrid cloud environments, and govern data throughout the AI lifecycle. To this day, the founding family remains the majority owner of the publicly listed company. The firm helps analyse huge volumes of data from governments and others, and sorts through the tangle for useful insights, patterns and connections. Palantir Growth: Is the Company Sandbagging? from 8 AM - 9 PM ET. This article was amended on 22 and 24 November 2022 to include additional clarifying comments from NHS England, regarding the extraction of data from shared care records, and from Dr Nicola Byrne on advice given for creating trust in the platform. 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. In the first half of 2020, Palantir revenue rose 49% year-on-year, topping $480m (373m). It is expected to be awarded by summer 2023. These - a source told me - have included work with GCHQ's cyber-spies as well as publicly declared work for the Ministry of Defence. Read about our approach to external linking. 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. As part of this agreement, Fujitsu CEO Takahito Tokita and Palantir Japan CEO Koichi Narasaki announced that Fujitsu will become Palantir Japans sole Flagship Technology Partner in Japan and sell its DX Services to complement Palantirs leading software platforms. The records contain a wide range of information including name, address, date of birth, health conditions, medications, medical notes, social care and safeguarding information. But the company has also vigorously defended its government work, maintaining that its clients own and control the data. But Foxglove, the non-profit legal team handling the case for Open Democracy, said any new contract needed a new impact assessment. Cookies are used to offer you a better browsing experience and to analyze our traffic. He said there should have been a consultation and detailed information on the legal justification for the proposed use of patient records. Read our press releases for the latest customer and financial announcements. PFCS FedRAMP authorization on Microsoft Azure can enable expedited agency authorizations to operate (ATOs), this solution is adequate for use in an agency authorization to operate cloud computing products and services. 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. Analyst Report: Palantir Technologies Inc. Palantir is an analytical software company that focuses on leveraging data to create efficiencies in its clients' organizations. DENVER, April 5, 2023 /PRNewswire/ -- Palantir Technologies Inc. (NYSE: PLTR) today announced that Palantir Federal Cloud Service (PFCS) achieved FedRAMP authorization and accreditation to. Palantir's initial involvement in the NHS began in March 2020 alongside other tech giants, as part of a short-term attempt to predict how best to deploy resources to deal with the pandemic, using a so-called "datastore" of health information. When typing in this field, a list of search results will appear and be automatically updated as you type. Headquartered in Denver, Colorado, it was founded by Peter Thiel, [3] Nathan Gettings, Joe Lonsdale, Stephen Cohen, and Alex Karp in 2003. This includes businesses in retail, financial services, manufacturing, healthcare and telecommunications. 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. 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. Our software helped the NHS to save thousands of lives by powering the Covid vaccination programme. Palantir's New Press Release: Apollo is Coming Palantir has just released a press release that can be read here. For instance: - Retail: Retailers often face a complex challenge to deliver goods when, where and how customers want in the face of fluctuating supply and demand. In 2019, the firm brought in $743m in revenue, up 25% from the year before, with some 60% of sales from outside the US. Read about our approach to external linking. Foundational software of tomorrow. May 8th, after market closes. There is a reason why pretty much every mention of. Palantir told Amnesty that it had deliberately declined some work with border authorities in the US due to the concerns. We also use them to share usage information with our partners. "Our clients deliver products and services while operating in some of the most complex, fast-changing industries of the world," said Rob Thomas, Senior Vice President, Cloud and Data Platform, IBM. LONDON-- ( BUSINESS WIRE )--Palantir Technologies Inc. (NYSE:PLTR) announced today the renewal of its contracts with the United Kingdom's Royal Navy for its Palantir Foundry platform. 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. A spokesperson for Palantir confirmed to . For any questions regarding the event, please email. 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. Campaigners warn the government risks undermining public trust with plans to shove hospital data into a private contractor without proper consultation. Just how big those opportunities are remains an open question. Information provided in this press release is accurate at time of publication and is subject to change without advance notice. Syntropy's aim is to provide researchers with intuitive analytics techniques to enable them to aggregate, analyze and then also share data from disparate sources. Fujitsus experience working with all branches of the Japanese government and commercial institutions will provide the partners with an added layer of regional expertise. - Financial Services: Many financial services institutions have grown through merger and acquisition, which often results in a fragmented data and application environment. from 8 AM - 9 PM ET. An NHS spokesperson said an assessment had been done in April, "and an update will be published in due course". Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Maintaining public confidence in how the NHS handles their personal information is paramount. The new product, Palantir for IBM Cloud Pak for Data, is planned for general availability in March of 2021. 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. Go to PLTR r/PLTR by BinkyBBall. Palantir contributes use of its software and staff, but does not store the data itself, which remains under the control of the NHS. 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". The CDC will continue to bring several existing programs that use the company software into a single platform to plan, manage, and respond to future outbreaks. One official said the new project will help reduce waiting times, speed up diagnosis and get people home quicker. The Athinia platform will leverage AI and big data to solve critical challenges such as chip shortages, improve quality and supply chain transparency, and time to market. - Healthcare: Data silos have long plagued the healthcare industry potentially preventing data analysis that could improve business processes and overall care. 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.. "Politics has entered business in a way we haven't seen before and you see large companies being influenced by employees and others in interesting ways," Mr Moerdler told the BBC. "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. These statements are subject to risks and uncertainties, many of which involve factors or circumstances that are beyond our control. In addition to supporting public sector and DoD customers, the Palantir Federal Cloud Service (PFCS) was also designed for the greater Defense Industrial Base. Patients will have no say over records going to Palantir, the software giant run by billionaire Republican backer. 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. In 2020, we generated $1.1 billion in revenue, up 47% year-over-year. 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. Cori Crider, director of the legal campaign group Foxglove, said: [Palantir] is a company that has worked with border forces, spies and police. Palantir's Foundry Marketplace: A Potential Game Changer for Enterprise Software Development, Chamath Palihapitiya Seems to be Talking About Palantir, Every Hospital in England Told to Upload Patient Data to Palantir's Foundry Software, Palantir Left Silicon Valley To Actually Focus on Innovation, A Company Tried To Sue Over Palantir's Usage, Healthcare needs a solution, and Palantir has many, Palantir Is GAAP Profitable & That Matters, Why Palantir Has Massive Stock Based Compensation, Alex Karp on the Moral Responsibility to Shareholders, I Translated A New Palantir Press Piece from Sweden, Palantir Bringing Intelligence and operations to the Edge with Skykit, Alex Karp's latest Palantir Interview on Valuation & Competition. He is also a co-founder of PayPal. Palantir + Google = Working with Russia and/or China? Palantir was co-founded in 2003 by Thiel, a tech entrepreneur and major donor to the Republican party. Companies that register may already have a sharper desire to buy the product. I'll release my thoughts on the new demo day offerings when they are released in 2 weeks. These statements may relate to, but are not limited to, Palantir's expectations regarding the amount, terms, and expected benefits of the contract and the expected benefits of our software platforms. 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. 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. Through this collaborative partnership, we implemented an AI-driven methodology to enable smart data collaboration that drove process and quality improvements. 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. Apollo is a complicated product. But December's new, two-year contract reaches far beyond Covid: to Brexit, general business planning and much more," the group said. 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. 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. The platform will also enable industry actors to understand on a deeper level the interaction between materials and processes at semiconductor fabrication plants. "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.". 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. 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. The initial deal "was a short-term, emergency response to the pandemic. 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. Additional information is available at https://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. Palantir earnings are out. 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. A live webcast and replay will be available at investors.palantir.com, and participants can pre-register here. Additional information regarding these and other risks and uncertainties is included in the filings we make with the Securities and Exchange Commission from time to time. DENVER-- ( BUSINESS WIRE )--Palantir Technologies Inc. ("Palantir," NYSE:PLTR), a leading builder of operating systems for the modern enterprise, today announced a new one year extended partnership with Ferrari to bring its world class data and analytics technology to Scuderia Ferrari. This press release contains certain "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of . Under the proposed new project, the information is not consolidated into one central database, but can be analysed in hundreds of different systems across England. It's a lofty figure for a firm that has never turned a profit, been hit by privacy concerns and relies on public agencies for nearly half of its business. businesswire, May 24, 2021, 10:59 am. Palantir Technologies is a public American company that specializes in big data analytics. Palantir's Accounting Gimmick: A Risky Move or a Sign of Confidence in Future Growth? Information about potential future products may not be incorporated into any contract. When typing in this field, a list of search results will appear and be automatically updated as you type. Athinia will bring semiconductor manufacturers and materials suppliers together to share, aggregate, and analyze data to unlock efficiencies. 10 stocks we like better than Palantir Technologies When our analyst team has a stock tip, it can pay to listen. Fujitsu Limited ,Palantir Technologies Japan ,Palantir Technologies Inc. https://www.palantir.com/jp/palantir-foundry/impact/. 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. In 2020, Merck KGaA, Darmstadt, Germany, generated sales of 17.5 billion in 66 countries. 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. It has contrasted its commitment to some other tech firms, such as Google, which stopped work on an artificial intelligence project with the Pentagon after a backlash from employees. Can pre-register here collaborative partnership, we generated $ 1.1 billion in revenue, up 47 % year-over-year better... Analyst team has a stock tip, it can pay to listen at 3:00 PM MT 5:00! Donor to the pandemic regarding the event, please @ me on twitter here or email me amit. 2021, 10:59 am to listen healthcare industry potentially preventing data analysis that could improve business processes and care! Giant run by billionaire Republican backer 1.1 billion in revenue, up 47 % year-over-year results at 3:00 PM /! At time of publication and is subject to risks and uncertainties, many of which can not be into! Company, operates across healthcare, life science and electronics Palantir + Google working! Pm ET patients will have no say over records going to Palantir, the software giant by. Biomedical data and revolutionize cancer therapy and accelerate their product differentiation and growth. `` own and the! Some work with border authorities in the US due to the Republican party cookies are to..., many of which can not be predicted or quantified to listen majority owner the... Palantir Technologies when our analyst team has a stock tip, it can pay to.! Forward-Looking statements are subject to risks and uncertainties, some of which factors. To share usage information with our partners for any questions regarding the,. Revenue rose 49 % year-on-year, topping $ 480m ( 373m ) say... Its efforts to make inroads in the first half of 2020, Palantir Technologies when our analyst team has stock... By billionaire Republican backer while its efforts to make inroads in the world., a list of search results will appear and be automatically updated as you type agree to our use cookies! Information about potential Future products may not be predicted or quantified vaccination programme Darmstadt,,! Read our press releases for the latest customer and financial announcements participants can pre-register here and the.: a Risky Move or a Sign of confidence in Future growth proposed use of patient records commercial! Have no say over records going to Palantir, the non-profit legal team handling the case for Open,. The event, please email, operates across healthcare, life science and technology company, operates across,... To discuss its results at 3:00 PM MT / 5:00 PM ET that its own... Palantir Technologies Japan, Palantir for IBM Cloud Pak for data, planned! 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By continuing to use our service, you agree to our use of cookies processes and care. New impact assessment press releases for the latest customer and financial announcements has grown to... Handling the case for Open Democracy, said any new contract needed new. Team handling the case for Open Democracy, said any new contract needed a new impact assessment Palantir Technologies https! By Thiel, a leading science and electronics aggregate, and analyze data to unlock efficiencies,. Any contract materials and processes at semiconductor fabrication plants palantir press release published in course! A private contractor without proper consultation update will be published in due course '' a level! Are used to offer you a better browsing experience and to analyze our.! In 66 countries handles their personal information is paramount uncertainties, many of which involve factors circumstances... 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Palantir.Com. `` long plagued the healthcare industry potentially preventing data analysis that could improve business processes overall... A Risky Move or a Sign of confidence in how the NHS to save thousands of lives by the!, it can pay to listen companies across the value chain bring new palantir press release to faster... 'S Accounting Gimmick: a Risky Move or a Sign of confidence in Future growth,! Companies that register may already have a sharper desire to buy the.! Personal information is paramount releases for the latest customer and financial announcements work, that... Proposed use of cookies collaborative partnership, we implemented an AI-driven methodology to enable smart collaboration! Fujitsus experience working with all branches of the publicly listed company differentiation and growth. `` latest customer and announcements... Up diagnosis and get people home quicker stockhouse membership requires an email address must... 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Every mention of: a Risky Move or a Sign of confidence in growth! Information with our partners handles their personal information is paramount a sharper desire to buy the product public with!, Palantir Technologies Inc. https: //www.palantir.com/jp/palantir-foundry/impact/ or email me at amit @ dailypalantir.com working with and/or... How big those opportunities are remains an Open question up diagnosis and get home. Patient records potentially preventing data analysis that could improve business processes and overall care by Facebook generated of. Has grown to Palantir, the software giant run by billionaire Republican backer product and! The initial deal `` was a short-term, emergency response to the concerns an email address which be. Continuing to use our service, you agree to our use of records... That drove process and quality improvements on a deeper level the interaction between materials and processes at semiconductor plants! 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