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Definition: Palantir


A software company in Denver, Colorado that was founded for big data analysis in 2003 by PayPal co-founder Peter Thiel and three colleagues. Palantir takes all the data scattered throughout the many departments in a government agency or big corporation and presents it in a manner useful for business observation and assessment as well as law enforcement and counterterrorism analysis.

Palantir embraced AI as it became popular in the 2020s. Its Artificial Intelligence Platform (AIP) integrates AI models into private networks, and the company nearly doubled revenue from 2025 to 2026, most from commercial customers rather than government. The company's axiom is "AI-Powered Automation for Every Decision." See big data and AI companies.