Palantir, the highly effective information and AI firm with deep ties to US nationwide safety our bodies, has received a multi-billion-dollar contract to run US Army software program and information.
The settlement, introduced Thursday, consolidates a number of contracts right into a single enterprise deal that enables the navy to purchase Palantir’s merchandise over the subsequent decade to a price of up to $10 billion.
“By streamlining our procurement processes and leveraging enterprise-level reductions, we’re not solely enhancing our operational effectiveness but in addition maximizing our purchasing energy,” mentioned Army chief info officer Leo Garciga.
Palantir, an American information evaluation and synthetic intelligence firm, has a attain that spans the worldwide financial system, with banks, hospitals, the US authorities, and the Israeli navy amongst its ever-expanding shopper roster.
“We wish and wish this nation to be the strongest, most essential nation on this planet,” Alex Karp, Palantir’s CEO, lately declared at a shopper convention in Palo Alto, California.
Palantir was based in 2003 by Peter Thiel—Silicon Valley’s preeminent conservative with long-standing ties to the Trump administration—Karp, and others with CIA backing.
Within the first quarter, the corporate acquired $373 million from the US authorities, a forty five% leap from the earlier yr.
This spring, federal immigration authorities (ICE) awarded the corporate a $30 million contract to develop a brand new platform for monitoring deportations and visa overstays.
© 2025 AFP
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Palantir gets US Army contract worth up to $10 bln (2025, August 1)
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