The data mining company is still deliberating whether to go public via a traditional IPO or a direct listing, the sources said, requesting anonymity as the deliberations are private.
Palantir could go public as soon as September, though the timetable is subject to change and market conditions, the sources said.Palantir specializes in analyzing large quantities of data. Its customers range from global banks to the U.S. government and the Central Intelligence Agency . The company’s technology aided the U.S. government’s successful search for Osama bin Laden, according to multiple media reports.
Reporting by Joshua Franklin in New York and Anirban Sen in Bangalore; Editing by Cynthia Osterman and Daniel Wallis
Ugh.
Palantir is the real Skynet. Wake up people!
Now talk about a toxic company
Sweet! Not ominous at all that the creepy surveillance company is ready to go public on the heels of an international reaction to omnipresent policing.
Ironic name isn’t it?
Oh, i want the movie rights to that S-1.
valuewalk Should merge into a SPAC with a low float. Would make them more valuable than $MSFT (for a while...)
Soon you will be able to buy pure play evil.
MyPOV: lovely the biggest fraud in AI and analytics is going IPO =) PalantirTech why pay 10x for over priced consulting when you can do it via open source for much less headaches.
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