Palantir CEO defends surveillance tech as US government contracts boost sales

Palantir Technologies CEO Alex Karp defended the firm’s surveillance technology ⁠as it reported a big jump in sales on Monday, saying it has safeguards to prevent government overreach, without mentioning U.S. immigration enforcement efforts in Minnesota that have drawn widespread protests.

The data analytics company said revenue derived from the U.S. government spiked 66% in the fourth quarter from the year-ago period to $570 million. Total sales of $1.41 billion exceeded ‌analysts’ estimates and the ‌firm anticipates a big jump in sales, in part due to government contracts in 2026.

Read more

You may also like

Comments are closed.

More in IT