Posted by Business leader from Thenextweb
August 13, 2019
A recent investigation, conducted by Mijente, revealed the US government has at least 29 active contracts with the company worth approximately $1.5 billion. This covers Palantir’s work with all four branches of the military, Border Patrol, ICE, and Homeland Security, but it doesn’t even touch on the hundreds of contracts it has with local law enforcement throughout the country. All in all the company’s valued at over $20 billion.Peter Thiel, the tech billionaire responsible for PayPal, current Facebook board member, and the co-founder of Palantir, is a vocal Conservative and prominent Trump supporter. He was the President’s seventh largest campaign donor in 2016 and remains a staunch ally. But it wasn’t President Trump who brought Palantir into the country’s fold, that distinguishment belongs to President Barack Obama.Trump‘s simply elevated the company to the kind of status that’s traditionally been reserved for big players such as Raytheon and Boeing. The... learn more