Palantir Technologies

Palantir, Bapco Energies Enter Strategic Partnership to Support Bahrain’s Energy Production

Retrieved on: 
Thursday, February 8, 2024

Palantir Technologies Inc. (NYSE: PLTR), a leading provider of AI systems to the energy sector, and Bapco Upstream, a 100% owned subsidiary of Bapco Energies, today announced a strategic, multi-year partnership to deploy Palantir’s software to support and help accelerate Bapco Upstream’s ability to power the next generation of energy in the Kingdom of Bahrain.

Key Points: 
  • Palantir Technologies Inc. (NYSE: PLTR), a leading provider of AI systems to the energy sector, and Bapco Upstream, a 100% owned subsidiary of Bapco Energies, today announced a strategic, multi-year partnership to deploy Palantir’s software to support and help accelerate Bapco Upstream’s ability to power the next generation of energy in the Kingdom of Bahrain.
  • Palantir’s Foundry Platform and Artificial Intelligence Platform (AIP) will be deployed in a three-year agreement to help Bapco Upstream maximize its return on investment on energy production in the country and support its mission to connect the energy infrastructure of the Kingdom of Bahrain in an unprecedented way.
  • "We are honored to be selected by Bapco Energies to bring our platforms and expertise in the sector to Bahrain, particularly as they pursue their ambition to provide secure energy and advance on the energy transition," said Matt Babin, Global Head of Energy at Palantir.
  • “We are proud of this partnership, which will enable Bapco Upstream to boost output, improve efficiency, and meet Bahrain's energy goals.”

Solving the supermarket: why Coles just hired US defence contractor Palantir

Retrieved on: 
Thursday, February 8, 2024

As of last week, both are clients of Palantir Technologies, a US tech company “focused on creating the world’s best user experience for working with data”.

Key Points: 
  • As of last week, both are clients of Palantir Technologies, a US tech company “focused on creating the world’s best user experience for working with data”.
  • In a three-year deal, Coles plans to deploy Palantir’s tools across more than 840 supermarkets to cut costs and “redefine how we think about our workforce”.

The Palantir process

  • Typically, Palantir first sends out “forward-deployed engineers” to begin work with an organisation’s data, which is often messy, incomplete and fragmented.
  • Then the data can be fed into Palantir’s platforms – in this case, customisable software called Foundry and the Artificial Intelligence Platform.
  • In this sense, Palantir shifts from the visible to the operational, imperceptibly but powerfully shaping the lives and livelihoods of Australian supermarket employees and shoppers.

Optimising the workforce

  • First, by inking this deal, Coles frames itself as future-forward and logistically driven.
  • Groceries and grocery-store labour become more data, just like the hedge funds, healthcare, or immigrants that other Palantir clients coordinate.
  • Food (and the labour needed to grow, pack and ship it) is transformed from a human need to an optimisation problem.

A walled garden

  • As my own research found, Palantir clients tend to enjoy the all-encompassing data and new features but also become dependent on them.
  • Much like Apple or Amazon, Palantir’s services excel at creating “vendor lock-in”, a perfect walled garden which clients find hard to leave.

A way of seeing


Finally, vision. What Palantir sells is fundamentally a way of seeing. Its dashboards promise a God’s eye view that can stretch across an entire organisation or zoom in to granular detail to locate that “needle in the haystack” insight. The claim is that this data-driven view is a shortcut to total knowledge, a way to map every operation, reveal every important element, and identify every inefficiency.

  • The sweat of workers struggling to pack at pace, the belt-tightening of consumers struggling to make ends meet, and the struggle of farmers to survive unexpected climate impacts will go untracked.
  • Such details never appear on the platform – and if they’re not data, they don’t matter.


Luke Munn does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

Option Care Health Selects Palantir’s Artificial Intelligence Platform for Enterprise-Wide Digital Transformation

Retrieved on: 
Monday, January 8, 2024

Option Care Health expects to use Palantir’s Artificial Intelligence Platform (AIP) across nurse scheduling, patient onboarding, purchasing optimization, and supply chain execution, among other potential use cases.

Key Points: 
  • Option Care Health expects to use Palantir’s Artificial Intelligence Platform (AIP) across nurse scheduling, patient onboarding, purchasing optimization, and supply chain execution, among other potential use cases.
  • AIP enables organizations to bring the power of large-language models, and other cutting-edge AI, to their enterprise networks, private data, and core operations - with maximum security and trust.
  • Palantir’s software is also used across a number of government health organizations, including the National Institutes of Health and the U.K.‘s National Health Service.
  • “Option Care Health is at the leading edge of deploying artificial intelligence across the healthcare sector,” said Alex Karp, co-founder and chief executive officer of Palantir Technologies.

Option Care Health Selects Palantir’s Artificial Intelligence Platform for Enterprise-Wide Digital Transformation

Retrieved on: 
Monday, January 8, 2024

Option Care Health expects to use Palantir’s Artificial Intelligence Platform (AIP) across nurse scheduling, patient onboarding, purchasing optimization, and supply chain execution, among other potential use cases.

Key Points: 
  • Option Care Health expects to use Palantir’s Artificial Intelligence Platform (AIP) across nurse scheduling, patient onboarding, purchasing optimization, and supply chain execution, among other potential use cases.
  • AIP enables organizations to bring the power of large-language models, and other cutting-edge AI, to their enterprise networks, private data, and core operations - with maximum security and trust.
  • Palantir’s software is also used across a number of government health organizations, including the National Institutes of Health and the U.K.’s National Health Service.
  • "Option Care Health is at the leading edge of deploying artificial intelligence across the healthcare sector," said Alex Karp, co-founder and chief executive officer of Palantir Technologies.

Palantir Renews Digital Transformation Partnership with UniCredit for Another Five Years

Retrieved on: 
Wednesday, December 13, 2023

Palantir Technologies Inc. (NYSE: PLTR), a leading provider of AI systems, today announced it had renewed its partnership with UniCredit S.p.A to deploy the Palantir Foundry operating system to accelerate the bank’s digital transformation and help increase revenue and mitigate risks.

Key Points: 
  • Palantir Technologies Inc. (NYSE: PLTR), a leading provider of AI systems, today announced it had renewed its partnership with UniCredit S.p.A to deploy the Palantir Foundry operating system to accelerate the bank’s digital transformation and help increase revenue and mitigate risks.
  • Palantir Foundry has recently been extended to all CE&EE UniCredit Legal Entities and will now be used to manage strategic use cases all over the Group.
  • “Palantir has long been a proud partner to some of the world’s top financial institutions,” said Palantir executive Josh Harris.
  • “We’re honored that UniCredit has placed its confidence in Palantir once again and look forward to furthering the bank’s digital transformation.”

Zip Security Announces $7.7M In Funding to Protect Businesses from Cyber Threats

Retrieved on: 
Tuesday, November 14, 2023

Zip’s current customers are businesses across a range of industries including defense, health, software, and finance.

Key Points: 
  • Zip’s current customers are businesses across a range of industries including defense, health, software, and finance.
  • These businesses with no security team or small security teams remain targets because of their access to critical information and because they remain underserved by the industry.
  • Our mission is to protect those businesses and their customers' data by making cybersecurity affordable and accessible," says CEO and Co-Founder Josh Zweig.
  • “Cyber threats don't discriminate; all businesses, large and small, can face breaches and ransomware issues.

Horizon Air names Air Force veteran, Earl Scott, as vice president of maintenance and engineering

Retrieved on: 
Wednesday, December 6, 2023

SEATTLE, Dec. 6, 2023 /PRNewswire/ -- This week, the Horizon Air Board of Directors elected Earl Scott as the vice president of maintenance and engineering for Horizon Air.

Key Points: 
  • SEATTLE, Dec. 6, 2023 /PRNewswire/ -- This week, the Horizon Air Board of Directors elected Earl Scott as the vice president of maintenance and engineering for Horizon Air.
  • "We're very excited to have Earl join the Horizon leadership team," said Horizon President Jason Berry.
  • Prior to joining Horizon, Scott was the senior director of business development, Air Force logistics solutions at Palantir Technologies.
  • After retiring from the Air Force, he worked as the director of Air Force services for five years at Boeing where he was responsible for all Boeing Air Force aircraft sales, supply chain and logistics solutions.

Sky Harbour Group Announces an Agreement and Closing of a Sale of 6,586,154 Shares of Class A Common Stock and 1,141,600 Warrants in a Private Equity Placement with Altai Capital Investment Vehicles for Aggregate Consideration of $42,810,000

Retrieved on: 
Thursday, November 2, 2023

On a per share basis, the purchase price is equivalent to approximately $6.50 per share of Class A Common Stock and associated warrant coverage.

Key Points: 
  • On a per share basis, the purchase price is equivalent to approximately $6.50 per share of Class A Common Stock and associated warrant coverage.
  • Joe Lonsdale of 8VC commented: “We are excited to join other prominent Silicon Valley investors in Sky Harbour.
  • Sky Harbour is about to get bigger, faster and better.”
    The Altai Capital investors join long-term Sky Harbour shareholders including the Boston Omaha Corporation, Due West Partners and Center Capital.
  • Morrison & Foerster acted as legal advisor to the Company and Schulte Roth + Zabel LLP to Altai Capital.

Maxar Intelligence Appoints Dan Smoot as CEO and Announces New Management Team

Retrieved on: 
Monday, October 30, 2023

Maxar Intelligence, a provider of secure, precise, geospatial intelligence, today announced the appointment of Dan Smoot as CEO, effective November 6, 2023, completing an exciting phase of investment in the business’ senior leadership talent.

Key Points: 
  • Maxar Intelligence, a provider of secure, precise, geospatial intelligence, today announced the appointment of Dan Smoot as CEO, effective November 6, 2023, completing an exciting phase of investment in the business’ senior leadership talent.
  • Daniel Jablonsky, who has been serving as interim CEO of Maxar Intelligence, will transition to the Board of Directors.
  • View the full release here: https://www.businesswire.com/news/home/20231030363969/en/
    Maxar Intelligence appoints Dan Smoot as CEO.
  • “It’s a privilege to serve as CEO of Maxar Intelligence, and I’m looking forward to joining the company at this critical stage of its growth,” said Smoot.

Creation of Next Generation Private Equity Firm, New Private Equity

Retrieved on: 
Monday, October 16, 2023

The New Private Equity leadership team has a proven track record of investing in and transforming technology businesses, and they will bring their complementary skills to bear for the benefit of all stakeholders.

Key Points: 
  • The New Private Equity leadership team has a proven track record of investing in and transforming technology businesses, and they will bring their complementary skills to bear for the benefit of all stakeholders.
  • To unlock this opportunity, NPE has developed New Private Equity Control Tower (“NPECT”), a proprietary software-based end-to-end workflow that is designed to enable and integrate high quality investment and value creation capabilities.
  • “We are excited to build a next generation private equity firm,” said Gero Wittemann.
  • "Our best partners are capable of both deeply understanding the unique advantages our technology provides and harnessing them to revolutionize their industries, as we expect NPE will do in private equity."