> Palantir [...] gets access to sensitive FCA data.
Is this the right characterization? Is Palantir being given access to the data(to do with what they like), or is Palantir software being deployed in the customer private cloud environment?
I am under the impression that Palantir is typically deployed on-premise, or in a private cloud, where the customer can ensure that the data remains sovereign.
Particularly in a military setting, it would be deployed in an airgapped or highly controlled network.
It’s likely an impossible choice, between inept big four consultancy groups (that charge $$$, deliver little, and run everything through manual excel entry) vs palantir who likely will deliver results. I have no love for Palantir but at least they’re competent.
During covid, palantir had to elbow its way to sell to the UK govt and replaced dilapidated “solutions” from the big four.
I work in the maritime domain for the Norwegian gov., where we've had a couple of demos. AFAIK, there's only one agency here that uses Palantir software - the customs service - and that's not any secret info.
But we frequently work with people from adjacent fields (military, law enforcement, aviation, other maritime, etc.), basically the usual suspects as far as Palantir clients go.
My observation has been that there's no strong push or even desire to become a customer. The people I've talked with have either been outright unimpressed, or have already similar systems they've rolled out themselves.
From the demos we've had, it seemed to me that Palantir can do well in countries where all the potential clients are isolated from each others (disorganized even), and do not have and good means of sharing data / communicating with each others.
There's a lot of hype, myth even, around what their tools do - and I can understand why many are just saying "no thanks" when they come knocking. It is sort of underwhelming.
Are we seeing the beginning of super-corporations that will supersede nation states?
Previously:
"US to embed Palantir AI across military" - https://news.ycombinator.com/item?id=47471655
"The singularity".
> Palantir has previously defended its work, saying it has led to about 99,000 extra operations being scheduled in the NHS
No hard evidence of this was provided or is readily available.
> helped UK police tackle domestic violence
And precisely how was this done?
> Palantir will have to destroy data after completion of the contract
Contractual obligations that are not practically enforceable will not be honored. I don't think these individual administrative agencies have the acumen necessary to correctly negotiate these contracts.
> [Palantir] The Miami-based company, co-founded by the billionaire Donald Trump donor Peter Thiel
And backed by In-Q-Tel, the CIA's venture capital (CIA, the Central Intelligence Agency of the US).
https://fortune.com/2025/07/29/in-q-tel-cia-venture-capital-...
Genuine question to people more knowledgeable: Why are politicians/technocrats doing this?
Also generally speaking e.g. in relation to chat control and so on. Do they think this is what the people actually want because of lobbying or are they aware and believe they know better? Is it literally just corruption? Or are there actual benefits and we are just in the HN bubble where most people think its a bad idea?
Feelings about Palantir aside, this is a really misleading headline. The FCA has hired Palantir to "investigate the watchdog’s internal intelligence data", which presumably requires Palantir to have access to that sensitive data.
Saying that Palantir is "reaching" into the British state, and then having the article image be "billionaire Donald Trump donor Peter Thiel" literally holding a wad of cash is... not exactly a high standard of reportage.
Alex Karp will be held accountable eventually. I can’t think of anyone more evil than that rat fucker
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As a Brit, I've never had the sense the UK (specifically the City of London) has any genuine interest in tackling money laundering. I suspect our economy is structurally reliant upon us being extremely good at it.