Posts by Variant-separate

Concerns that £360m data platform for NHS England is being set up to fail

Re: Tin foil hat

Palantir has a product called "Foundry On-Premises" which stores the data at the customer site and not on a cloud.

Even if it was hosted on a cloud like AWS, 3 letter agencies can't just request it. See Lawful Overseas Use of Data Act (“CLOUD Act”).

Tin foil hat

It’s sad that after almost 2 years as a public company people still have no idea what Palantir does. Palantir does not collect, buy, sell or share data. It’s merely a tool that lets organizations understand data they already have (think Excel).

Their SEC filings specifically state that data never leaves the customer. They would be delisted and sued for lying. Even if you don’t believe that, why would hundreds of EU companies work with them if they shared or sold data.

Please do your own research, it’s all there. Just read past the scaremongering headlines. Spending 10b tax payer money building something that doesn’t work rather than buying the industry leader for 300m is ridiculous.