ReferIndia News Palantir Technologies: A Defense Data Giant's Meteoric Rise Amid Controversy

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Palantir Technologies: A Defense Data Giant's Meteoric Rise Amid Controversy

Published on: Feb. 3, 2026, 3:01 p.m. | Source: Devdiscourse

Palantir Technologies' stock surged due to its military-grade AI tools and a rise in U.S. defense spending. With support from prominent backers and strong sales figures, it promises future growth despite recent share dips. Amid scrutiny over ICE-related contracts, CEO Alex Karp defends the company's surveillance technology.

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