Palantir Technologies builds software that joins and analyzes large sets of data. Peter Thiel, Alex Karp, Stephen Cohen, Joe Lonsdale and Nathan Gettings founded it in 2003, and Karp is chief executive. The name comes from the seeing stones in The Lord of the Rings.
Its early customers were US intelligence agencies and the military. Gotham serves defense and government users, and Foundry serves commercial clients such as manufacturers, hospitals and energy firms. Apollo handles software delivery across environments. The Artificial Intelligence Platform, AIP, links language models to a customer's data.
Palantir went public in 2020 through a direct listing. Its work with immigration authorities, police and militaries has drawn protests and criticism over privacy. The company moved its headquarters from Palo Alto to Denver, Colorado. A large share of its revenue comes from government contracts, although commercial customers have grown quickly. Its shares joined the S&P 500 in 2024. Palantir also hosts events called AIPCon and publishes essays by Karp.