{"id":446125,"date":"2026-02-03T07:26:11","date_gmt":"2026-02-03T07:26:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/446125\/"},"modified":"2026-02-03T07:26:11","modified_gmt":"2026-02-03T07:26:11","slug":"palantir-defends-surveillance-tech-as-us-government-contracts-boost-sales","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/446125\/","title":{"rendered":"Palantir defends surveillance tech as US government contracts boost sales"},"content":{"rendered":"<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Palantir Technologies CEO Alex Karp defended the firm\u2019s surveillance technology as it reported a big jump in sales on Monday, \u200dsaying it has safeguards to prevent government overreach, without mentioning US immigration enforcement efforts in Minnesota that have drawn widespread protests.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The data analytics company said revenue derived from the US government spiked 66 per cent in the fourth quarter from the year-ago period to US$570 million. Total sales of US$1.41 billion exceeded analysts\u2019 estimates and the firm anticipates a big jump in sales, in part due to government contracts \u2060in 2026.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Companies working with US Immigration and Customs Enforcement (ICE) are attracting more scrutiny as Americans have turned solidly against ICE\u2019s aggressive tactics following the fatal shootings of two US citizens in separate incidents in January. The company won a contract last year with ICE to develop surveillance systems for immigration enforcement.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Over the weekend, France\u2019s CapGemini said it would sell a small US unit that has a contract with ICE after criticism from French lawmakers and others.<\/p>\n<p><img decoding=\"async\" alt=\"Palantir Technologies CEO Alex Karp. Photo: AFP\" data-qa=\"BaseImage-handleRenderImage-StyledImage\" class=\"e1gf69pb2 css-6ikqhs e445x7d0\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/02\/6be250d2-b070-40f2-9ce4-8b027396aa27_719935e2.jpg\" title=\"Palantir Technologies CEO Alex Karp. Photo: AFP\"\/>Palantir Technologies CEO Alex Karp. Photo: AFP<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">In a \u200dpost-earnings call, Karp said the company was \u201csupporting in a critical manner, some of the most interesting, intricate, unusual operations that the US government has been involved in\u201d, \u200dbut did not specify which government programmes Palantir was engaged in.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Denver-based Palantir has increasingly been marketing military-grade AI tools to businesses through its artificial intelligence platform that helps companies integrate and develop the technology. It has emerged as one of the best-performing AI stocks, with \u200cshares gaining 1,700 per cent over the last three years.<\/p>\n","protected":false},"excerpt":{"rendered":"Palantir Technologies CEO Alex Karp defended the firm\u2019s surveillance technology as it reported a big jump in sales&hellip;\n","protected":false},"author":2,"featured_media":446126,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[144535,23,33966,2764,12,594,2483,47536,6429,3,727,1265,21,19,22,20,25,35359,143801,97136,24,2002,209710],"class_list":["post-446125","post","type-post","status-publish","format-standard","has-post-thumbnail","category-united-states","tag-alex-karp","tag-america","tag-capgemini","tag-cia","tag-donald-trump","tag-france","tag-ice","tag-j-d-vance","tag-minnesota","tag-news","tag-palantir","tag-peter-thiel","tag-united-states","tag-united-states-of-america","tag-unitedstates","tag-unitedstatesofamerica","tag-us","tag-us-government","tag-us-immigration-and-customs-enforcement","tag-us-senate","tag-usa","tag-washington","tag-zavier-wong"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/446125","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=446125"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/446125\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/446126"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=446125"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=446125"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=446125"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}