Palantir

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CEOs Can't Stop Talking About Their 'Moat'

A new buzzword gains steam in the AI era

(Newser) - Corporate leaders have a fresh buzzword for fending off AI—and they're leaning on it hard, writes Rohan Goswami at Semafor . At least 118 companies have told investors this quarter that they either have, or are building, a "moat" to protect the company against artificial-intelligence, he notes, citing...

Tech Giant Palantir Tests 'College Is Broken' Idea

It may hire recent high school grads who go through a company fellowship

(Newser) - Palantir Technologies is wrapping up the first stage of an experiment that puts a controversial thesis to the test: Skip college, go straight to work, and see if the old higher-ed path still matters. As the Wall Street Journal explains, the first class of 22 recent high school graduates are...

AI Giant Palantir Says Two Ex-Staffers Stole Secrets

Company is taking creators of startup Percepta to court

(Newser) - Things are getting nasty in the AI corporate arena. Defense and tech giant Palantir is taking two former employees to court, accusing them of stealing trade secrets to launch a rival artificial intelligence venture, reports Business Insider . The lawsuit, filed in federal court in Manhattan, alleges that the pair of...

US Army Swears in Tech Execs as Lieutenant Colonels

Execs from Meta, OpenAI, Palantir to serve in Army Reserve as advisers

(Newser) - Four Silicon Valley senior executives were sworn in last week as lieutenant colonels by the US Army. The military announced in a press release that Shyam Sankar, Palantir CTO; Andrew Bosworth, Meta CTO; Kevin Weil, OpenAI's chief product officer; and Bob McGrew, OpenAI's former chief research officer, will...

The Economist Picks Its CEO of the Year

Alex Karp co-founded Palantir Technologies

(Newser) - The Economist has picked the CEO of the S&P 500's best-performing stock of 2024 as its CEO of the year. Alex Karp, 57, is CEO and co-founder—along with Peter Thiel, among others—of data-analytics giant Palantir Technologies. Palantir, which was added to the S&P 500 in...

Wendy's Bots Are Keeping Tabs on Customer Demand

Fast-food chain is using artificial intelligence from Palantir to keep its supply chain flowing

(Newser) - Wendy's carries out some creative promotions to compete with larger competitors like McDonald's. Now, Bloomberg reports that the fast-food chain is tapping into artificial intelligence from Palantir Technologies to keep an eye out for shortages of menu items before they happen, including this summer's wildly popular $1...

He's a 'Strange, Strange Boy' Who Became Wildly Influential

Max Chafkin excerpts his new book on the PayPal, Palantir founder Peter Thiel

(Newser) - Peter Thiel was "a strange, strange boy," Max Chafkin quotes a former classmate as saying. After reading the piece Chafkin adapted from his new biography of the PayPal and Palantir founder for New York Magazine , some stronger adjectives and descriptions might come to mind. The excerpt zeroes in...

High-Profile Data Company Makes Unusual Investment

Palantir buys $51M worth of gold as a hedge against 'black swan event'

(Newser) - In its latest SEC filing, the data analytics firm Palantir revealed what Bloomberg calls an "unusual investment strategy." The company bought $51 million worth of gold bars. "You have to be prepared for a future with more black swan events," chief operating officer Shyam Sankar tells...

Secrets of Mysterious Silicon Valley Company Revealed

BuzzFeed takes a deep dive into Palantir Technologies

(Newser) - BuzzFeed is offering a first-ever look inside what it calls "one of Silicon Valley's most secretive and highly valued companies," courtesy of hundreds of internal documents company insiders. Palantir Technologies was founded by Peter Thiel in 2004, partly using CIA money. The software-making, Lord of the ...

'Tight-Lipped' Startup Is Taking Over Palo Alto

Some complain Palantir Technologies is making it tough for the little guys

(Newser) - When it comes to the legions of Bay Area startups, Palantir Technologies may not be a household name, but after reading this, you're not likely to forget it. Described by the Mercury News as "secretive" and "tight-lipped," Palantir's name is a nod to a crystal...

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