Palantir says its business depends on Microsoft and Amazon's clouds - Business Insider

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Palantir could spend as much as $1.5 billion on Amazon Web Services and Microsoft Azure over the next five-plus years, even as the startup's work with ICE drags Amazon into controversy

Risks of working with AWS and MicrosoftS-1 saysOne risk is that if any of these clouds face any disruptions or security issues, it could negatively impact Palantir's business because it could lead to failures in its own products, the company warns in the S-1. Issues like denial of service attacks, phishing attacks, and computer viruses on these clouds could also damage Palantir's reputation, interrupt its operations, and increase its expenses, the company says.

This could also damage Palantir's brand, causing customers to not renew their contracts or to decrease their use of Palantir.

 

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