US tech giant Palantir decides to hold first board meeting of new year in Tel Aviv - The Times of Israel

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US data-analysis software giant Palantir Technologies announced on Tuesday that it will hold its first board meeting of the new year in Tel Aviv to show solidarity with Israel, as the country is nearly three months into a war with the Hamas terror group.

“We stand with Israel,” Palantir said in posts on X and LinkedIn. “The board of directors of Palantir will be gathering in Tel Aviv next week for its first meeting of the new year.”

“Our work in the region has never been more vital. And it will continue,” the post continued.

The Denver-based data-mining firm has been active in Israel for the past decade and has an office in Tel Aviv run by many former Israeli government officials.

Palantir develops software using artificial intelligence to analyze vast amounts of facts and figures that the firm says help investigators uncover human trafficking rings, find exploited children, and flag complex financial crimes and insider trading.

Public health organizations are deploying Palantir’s software platform to track and contain the spread of deadly diseases. On the defense front, the US firm says its AI technology platform can be used to help deter and defend against military attacks.

This is not the first time Palantir has voiced its solidarity with Israel as war erupted between Israel and Hamas on October 7, when some 3,000 terrorists burst across the border into Israel from the Gaza Strip by land, air and sea, killing some 1,200 people and seizing over 240 hostages of all ages — mostly civilians.

In the first week of the ongoing Hamas war, Palantir expressed its support for Israel’s military campaign, commenting on social media platforms: “Certain evils can only be fought with force. Palantir stands with Israel.”

In a letter to shareholders in November, Palantir CEO Alex Karp lamented that the US firm was “one of a few companies in the world to stand up and announce our support for Israel, which remains steadfast.”

In early December, Karp publicly criticized corporate America for staying silent and not standing up for Israel in the aftermath of the October 7 atrocities.

Last year, Palantir secured multi-million dollar government contracts, including with the US Army to bring artificial intelligence and machine learning into battlefield applications and with the UK’s state-run National Health Service (NHS) to develop software for a patient data-sharing platform.

In recent weeks, Palantir has come under fire for its public support for Israel. In December, pro-Palestinian supporters protested in front of the firm’s London office, because of its ties to Israel, accusing Palantir of being “complicit” in war crimes, and holding up placards that read, “Palantir aids apartheid,” according to UK press reports.

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