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DISPATCH 02/26 · 20 Jun 2026
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Palantir Technologies

Palantir builds AI-driven data integration and intelligence platforms — Gotham, Foundry, Apollo, AIP — for defense, intelligence, and commercial customers.

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Palantir Technologies
Defense Software/AIUSPublic
Palantir builds AI-driven data integration and intelligence platforms — Gotham, Foundry, Apollo, AIP — for defense, intelligence, and commercial customers.
Founded
2003
HQ
Denver, CO
Headcount
3,500+
Total raised
~$880M (2015 round; pre-IPO total not fully disclosed)
Valuation
~$322B–$350B market cap (early 2026)
Stage
Public (NYSE: PLTR)

Background

Palantir was founded in 2003 by Peter Thiel, Stephen Cohen, Joe Lonsdale, Alex Karp, and Nathan Gettings, originally to apply data-fusion techniques from counterterrorism finance to military intelligence analysis.

The CIA's In-Q-Tel was an early backer. Alex Karp has served as CEO since inception.

The core product stack comprises four systems: Gotham, purpose-built for defense and intelligence agencies to integrate siloed operational data; Foundry, a commercial and civil-sector data operating system; Apollo, a continuous delivery and deployment platform; and AIP (Artificial Intelligence Platform), which layers large-language-model workflows onto Gotham and Foundry environments for decision support and targeting assistance.

Palantir sells primarily through direct government contracts and enterprise agreements. The U.S. government segment — led by Army, intelligence community, and federal civilian agency deals — is the company's largest revenue driver.

Headcount stands at 3,500-plus employees. The company listed publicly in September 2020 via direct listing on the NYSE and is headquartered in Denver, Colorado.

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Marcus Schuler edits BattlePolicy, a daily defense-technology brief connecting the companies and capabilities behind modern war to the contest among Europe, the US, Russia, and China.

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