Peter Thiel, who co-founded Palantir, is best known as the co-founder of PayPal, among others.
But cooperation with government agencies and police departments such as the United States and Qatar, which provides surveillance technology and data analysis support for personal tracking apps, has also drawn the company into a huge controversy.
Foreign media pointed out that Palantir describes its product as a practical tool that can help organize a large amount of information, enabling customers to discover trends and other hard-to-find important information.
The latest $229 million contract, however, is essentially an extension of Google’s abandoned image-recognition technology project.
In recent years, the surveillance and military cooperation projects carried out by the U.S. government and tech companies have raised serious concerns about their dangers. The Palantir contract is the latest extension of Project Maven.
It is reported that as an image recognition technology project in cooperation with the military, it has been previously attacked by Google andMicrosoftStaff protests,
Workers said they didn’t want the fruits of their labor to be turned into terrible tools of war, and Google eventually abandoned work on the project.
Earlier this week, Palantir announced that it had renewed its contract with the Department of Homeland Security to provide technical support for the latter’s case management software, which is used to prosecute suspects.
The five-year contract is worth $95.9 million, the company said in a statement. But civil rights groups, represented by Mijente, also expressed strong opposition to Palantir’s work with U.S. Immigration and Customs Enforcement, which uses technology to coordinate arrests of immigrants.
An NYSE-listed company in 2020, Palantir moved its headquarters from Palo Alto, California to Denver, Calif.,
Its shares were up 14 cents at $8.08 by Thursday’s close. But in the past 12 months, it has fallen by more than 66%.