Palantir faces investor exodus and German military rejection as narrative cracks
3 Articles
3 Articles
Germany 'rejects' Palantir's software that is considered the backbone of America's military, and for the same reason Europe has been saying 'No' to Microsoft, Google and Amazon
Technology News News: Germany's Bundeswehr has quietly but firmly shut the door on Palantir—the American data analytics firm whose software runs targeting systems in Ukrain.
Palantir faces investor exodus and German military rejection as narrative cracks
Alex Karp has spent the past fortnight telling anyone who will listen that Palantir Technologies is indispensable. Retail investors and the German military have arrived at the opposite conclusion, and their timing is almost perfectly synchronised. In the week through 13 May, individual investors were net sellers of $82 million worth of Palantir shares, […] This story continues at The Next Web
The Bundeswehr does not want to use military software from the American technology company Palantir. This is a thorn in the side of the company's visionary boss Alex Karp, who claims that his company's products are part of every modern battlefield. Karp said that Europe is lagging behind in modern defense technology and should therefore take an example from the defending Ukrainians. "I don't understand why Germany hasn't realized this yet. You s…
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