Palantir nonetheless depends closely on authorities contracts regardless of push for extra company prospects

Palantir Headquarters

Palantir, the controversial analytics and knowledge mining agency, nonetheless depends closely on its US authorities contracts for income regardless of its public statements that it was branching out into extra company shoppers, in response to screenshots of the corporate’s S-1 submitting acquired by TechCrunch. The financials, which the New York Occasions additionally has seen, present Palantir has not as soon as turned a revenue since its founding in 2003.

Add to that the information it’s transferring out of Silicon Valley due to “rising intolerance and monoculture,” and you find yourself with an image of an organization that doesn’t have quite a lot of progress potential. It’s now clear Palantir depends on the present administration in Washington to keep up its current income streams.

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