Short answers, pulled from the story.
Peter Thiel and three Stanford colleagues including Stephen Cohen, Joe Lonsdale, and Nathan Gettings established Palantir Technologies in 2003. Thiel bankrolled the initial prototype development using funds from his PayPal success.
Palantir Technologies developed four main operating systems named Gotham for defense and intelligence operations, Foundry for commercial use cases, Apollo for continuous integration, and AIP which integrates large language models into privately operated networks launched in April 2023. TITAN serves as a mobile command vehicle equipped with AI and analytics software for military field operations while Skykit supports intelligence operations in adverse environments.
Palantir Technologies achieved its first quarter of positive GAAP net income in Q1 2023 totaling $31 million after approximately twenty years since its 2003 founding. The company reported earnings of $462 million with annual revenue of $2.9 billion for fiscal year 2024.
Civil liberties organizations including Amnesty International and the ACLU criticize Palantir Technologies for enabling human rights violations against asylum-seekers and migrants through contracts with Immigration and Customs Enforcement. Documents show ICE paid Palantir $30 million to develop the Immigration Lifecycle Operating System tracking undocumented immigrants for faster deportation during the second Trump administration in April 2025.
Palantir Technologies maintains unique voting structure tied to share classification into Class A Class B and Class F shares where Class F shares totaling 1,005,000 are managed by Founder Voting Trust owned equally by Thiel Karp and Cohen ensuring them 49.99% voting interest regardless of new share issuance. Class B shares carry ten votes while publicly traded Class A shares carry one vote each.