The Rundown Tech: Palantir soars amid ICE backlash.

Palantir soars amid ICE backlashImage source: Reve / The Rundown (CEO Alex Karp)

The Rundown: Palantir’s Q4 was a blowout: $1.41B in revenue, up 70% year-over-year, with profits that crushed estimates. It also landed amid nationwide protests over the company’s surveillance work for ICE.

The details: Palantir’s U.S. commercial revenue jumped 137% year-over-year; U.S. government revenue rose 66%. Total contract bookings hit $4.3B.The Denver-based firm builds data integration and high-resolution surveillance platforms for government agencies and corporate clients.The company holds a $30M ICE contract for “ImmigrationOS,” designed to track migrants and prioritize deportations. Amnesty International warns that Palantir has failed to adequately vet these contracts and may be contributing to serious abuses against migrants.

Why it matters: CEO Alex Karp framed the performance as “an n of 1,” arguing that Palantir is now a categoryr ather than a company. Civil liberties groups and some former employees argue that the more successful Palantir becomes, the more normalized high-res state surveillance will be, from immigration to predictive policing.


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About michelleclarke2015

Life event that changes all: Horse riding accident in Zimbabwe in 1993, a fractured skull et al including bipolar anxiety, chronic fatigue …. co-morbidities (Nietzche 'He who has the reason why can deal with any how' details my health history from 1993 to date). 17th 2017 August operation for breast cancer (no indications just an appointment came from BreastCheck through the Post). Trinity College Dublin Business Economics and Social Studies (but no degree) 1997-2003; UCD 1997/1998 night classes) essays, projects, writings. Trinity Horizon Programme 1997/98 (Centre for Women Studies Trinity College Dublin/St. Patrick's Foundation (Professor McKeon) EU Horizon funded: research study of 15 women (I was one of this group and it became the cornerstone of my journey to now 2017) over 9 mth period diagnosed with depression and their reintegration into society, with special emphasis on work, arts, further education; Notes from time at Trinity Horizon Project 1997/98; Articles written for Irishhealth.com 2003/2004; St Patricks Foundation monthly lecture notes for a specific period in time; Selection of Poetry including poems written by people I know; Quotations 1998-2017; other writings mainly with theme of social justice under the heading Citizen Journalism Ireland. Letters written to friends about life in Zimbabwe; Family history including Michael Comyn KC, my grandfather, my grandmother's family, the O'Donnellan ffrench Blake-Forsters; Moral wrong: An acrimonious divorce but the real injustice was the Catholic Church granting an annulment – you can read it and make your own judgment, I have mine. Topics I have written about include annual Brain Awareness week, Mashonaland Irish Associataion in Zimbabwe, Suicide (a life sentence to those left behind); Nostalgia: Tara Hill, Co. Meath.
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