Palantir Technologies

Palantir wins Dresner Advisory Services 2024 Application Innovation and Technology Innovation Awards in multiple categories. https://lnkd.in/ePreYbYn

Palantir has brought Grok to the enterprise. Now officially available in AIP.

Last call for DevCon2 Open Source Fellowship Submissions. Submissions are due February 7th. Vive la (Developer) Révolution! https://lnkd.in/eFy57VUf

In 2020, the U.S. Department of Veterans Affairs created “ADDS UP” with Palantir. The platform uncovered $90M+ of savings in six months.

Palantir reports Q4 2024 revenue growth of 36% Y/Y, U.S. revenue growth of 52% Y/Y; Issues FY 2025 revenue guidance of 31% Y/Y growth, eviscerating consensus estimates. U.S. commercial revenue grew 64% y/y and 20% q/q and U.S. government revenue grew 45% y/y and 7% q/q. We generated an adjusted operating margin of 45%, increasing our Rule of 40 score to 81% in Q4 2024. We also generated $1.25 billion in FY 2024 adjusted free cash flow, with $517 million (63% margin) in Q4 2024. Our GAAP EPS of $0.03 in Q4 2024 was in-line with analyst estimates, and our Adjusted EPS of $0.14 outperformed analyst estimates by 27%. For FY 2025, we expect revenue of $3,741 - $3,757 million, $206 - $254 million above current analyst estimates of $3,503 - $3,535 million. See our full Q4 and FY 2024 financial results, including non-GAAP reconciliations, here:  https://lnkd.in/efMU-9JF

Palantir is helping UK police tackle organised crime in the east of England and the east Midlands, per The Times: “‘The results are incredible,’ says Trevor Rodenhurst, who is Chief Constable of Bedfordshire Police and the Lead for Regional Organised Crime for the National Police Chiefs’ Council. ‘If this was in every region, overnight you would join up policing for serious and organised crime, and I think that would be very powerful.’ When people ask him how he can afford to spend money on technology when resources are tight, he replies: ‘I can’t afford not to.’” Palantir’s support for UK policing has assisted with: - An 80% reduction in time required for complete suspect profiles. - A 75% reduction in time required to build association charts of potential criminal activity. - A 67% reduction in time required to complete a safeguarding referral. - An estimated 35% time savings for officers and staff. Learn more: https://lnkd.in/enaFrHN3

The future of shipbuilding is built on Palantir software.

It has been nearly two years since we launched our Artificial Intelligence Platform (AIP), and we built it from its inception to be model agnostic. The future belongs not to the models themselves, but to those constructing the orchestration layer between the LLMs and the data that they consume. It is that orchestration layer, the often unglamorous and overlooked work of data integration, that will make this next era possible. And adoption, by believers and skeptics alike, has been swift. https://lnkd.in/e-RSTiZ3

In 2018, the US Army partnered with Palantir to build Vantage. The platform recovered over $3.3B of unliquidated obligations in one year.

Palantir CTO Shyam Sankar testified before the Senate Armed Services Committee on defense innovation and acquisition reform. “The monopsony has created a divide between defense and commercial sectors, like the Berlin Wall... On the commercial side, companies compete. On the defense side, a dwindling number of contractors toil away, resembling state owned enterprises.. The companies fit enough to climb the wall and defect to the Free World did so long ago. Mr. Chairman, if we're going to win again, we need to tear down this wall.” Watch the full testimony here: https://lnkd.in/eAsx2KCE