The concept for Palantir's key software came from PayPal's anti-fraud protocol

Read about how one of Palantir's cofounders explains the company's founding

Palantir cofounder Joe Lonsdale described the company's driving principle as fighting terrorism in a blog post marking its IPO. Lonsdale also said Palantir's software was developed with a keen focus on privacy, despite many allegations that it enables government surveillance.

Read about Palantir's early days—from a Stanford University dorm to an investment from the CIA

Palantir was originally founded after the 9/11 attacks as a private-sector solution to the government's growing need for advanced intelligence. One of its earliest investors was In-Q-Tel, the CIA's non-profit venture capital firm.

National Security Agency whistleblower Edward Snowden once leaked documents suggesting Palantir had a role in alleged surveillance

After releasing documents detailing an NSA surveillance scheme named PRISM (which is also the name of a Palantir service), further documents show that Palantir's software enabled the expansion of the NSA's widest-reaching data programs, XKEYSCORE. Palantir has frequently denied claims of supporting government surveillance and has insisted that its software is designed to maintain "civil liberties," such as privacy.

Palantir's software is widely speculated to have enabled Osama bin Laden's assassination

While Palantir has never publicly confirmed the use of its software in the 2011 assassination, its technology is widely speculated to have been a critical aspect of the operation. However, Palantir executives have never denied the claim, either, and have frequently commented on the software's important role in defending Western civilizations from terrorism.

Listen to a conversation between two Palantir cofounders—Peter Thiel and Joe Lonsdale

Palantir cofounder Joe Lonsdale was an editor of the Stanford Review (which Peter Thiel founded), and Thiel became a mentor to Lonsdale. The two discussed shared sentiments about the importance of developing Palantir to maintain a largely American global order, as well as cultural revolutions.

Palantir's services allow both companies and the government to analyze complex data

There's a common misconception that Palantir buys, sells, and shares data, but Palantir insists it isn't a data broker. Rather, Palantir is more like a data analytics company that allows corporations and government agencies to combine messy, large, and often hard to access datasets to gather insights.

Since its founding, Palantir has refused to sell its software to China or Russia

In line with the founding principle of supporting Western institutions, Palantir has vowed to not share its technology with companies or government agencies in China and Russia—which Palantir frequently calls the West's largest threats.

Learn about Palantir CEO Alex Karp's background—including his history of social activism

Palantir has been criticized for its close proximity to conservative politics, including the company's partnership with ICE, cofounder Peter Thiel's long track record of large donations to Donald Trump's campaigns, and the company's support for Israel. But its leader, Alex Karp, is a self-proclaimed progressive with a PhD in social theory. For many, Karp's background and leadership are a paradox for Palantir.

Data analytics company Palantir's technology is part of a larger shift in modern warfare becoming increasingly technical.

Read about Palantir's role in the COVID-19 vaccine rollout

Palantir developed Tiberius, a software service that supported the public-private partnership spearheaded by then-President Trump to roll out COVID-19 vaccines. The software tracked state-by-state vaccine allocations, as well as COVID-related hospitalizations.

In 'Lord of the Rings,' the 'palantír' is a magical stone that allows one to see virtually anything

The company Palantir's name was inspired by this J. R. R. Tolkien reference. In fact, it's one of several Peter Thiel-cofounded companies that have a nod to The Lord of the Rings for a name, including Valar Ventures and Mithril Capital.

Read more about Palantir cofounder Peter Thiel's political beliefs and activity

At Stanford University, Thiel founded "The Stanford Review," a libertarian magazine dedicated to being against "political correctness." Since then, Thiel has railed against American universities as failing institutions, given lectures about the coming of the Antichrist, and donated money to high-profile political campaigns (including those of President Donald Trump and Vice President JD Vance).

Peter Thiel and Elon Musk formed PayPal after merging two dot-com companies

Elon Musk cofounded "X.com," an online banking service, in 1999 with the idea that the web would become a financial repository as internet access expanded and became ingrained in daily life. Peter Thiel cofounded "Confinity" as a digital security service that morphed into a payments system. In 2000, the two merged to form PayPal, and in 2002, they sold PayPal to eBay for $1.5B.

After the October 7 attacks, Palantir took out a full-page New York Times ad supporting Israel

Palantir provides its software to the Israeli Defense Forces. Alex Karp has frequently said that while his company's support for Israel may be controversial, it's critical to support Western allies.

Watch a rare early interview with Palantir CEO Alex Karp

Prior to Palantir's public listing in 2020, CEO Alex Karp did not give many interviews. In a rare interview from 2009, Karp discussed the dominance of American technology, his academic background, and the founding idea of Silicon Valley entrepreneurs as key players in aiding the fight against terrorism.

Palantir's executives have become increasingly involved in American politics in recent years

Palantir's government contracts have steadily increased since Donald Trump was re-elected in 2024, moving from intelligence and defense to public health and assisting in Elon Musk's Department of Government Efficiency efforts.

Listen to Palantir CEO Alex Karp explain how ICE uses the company's services

Alex Karp is well-known for being outspoken both about his own beliefs and about the role of Palantir in protecting Western civilization. Karp has said that while supporting government institutions doesn't always mean supporting every policy or decision those institutions make, not allowing Immigration and Customs Enforcement to access Palantir's services would go against the company's central mission of supporting Western democracy.

3 out of Palantir's 5 cofounders once served as editor-in-chief of The Stanford Review

After Peter Thiel founded the conservative student newspaper, he remained involved and invested in the paper's success. Other Palantir cofounders, Joe Lonsdale and Stephen Cohen, also both previously served as the paper's editor-in-chief.

PayPal was started in 1998 by Peter Thiel

By the year 2002, PayPal went public for the first time—but that was far from the end of its business story. eBay later bought PayPal, then eventually spun it off. PayPal IPO'd for a second time in 2015.

Listen to tech company Palantir's CEO Alex Karp discuss the threat of a surveillance state.

Read about the day Palantir went public in 2020

After more than 15 years in business, Palantir held its initial public offering (IPO) via a direct listing—meaning the company didn't rely on underwriters to assess the initial trading price or stock value. Palantir's stock ended the day trading 31% higher than the reference price.

Listen to Palantir CEO Alex Karp's outlook for how AI will change the economy.

Listen to a former Palantir employee's take on the company

Among other former Palantir employees who have spoken out against the company's role in aiding surveillance and in the American government, former content strategist Juan Sebastían Pinto is concerned that Palantir is creating a monopoly over artificial intelligence.

In 2020, Palantir moved its headquarters from Silicon Valley to Denver, CO

Despite being a famous tech startup synonymous with Silicon Valley, Palantir executives and cofounders have criticized tech founders for not taking a bigger role in upholding Western institutions and supporting American defense and intelligence work. That cultural tension is frequently cited as a motivating factor for the company's 2020 move to Denver, CO. In early 2026, the company announced another move to a suburb of Miami, FL.

A Palantir executive was named a Lieutenant Colonel in the US Army Reserve

In 2025, four executives from large tech companies were given positions in the US Army Reserves, including Palantir Chief Technology Officer Shyam Sankar. The Army says their role in Detachment 201, also known as the Executive Innovation Corps, is to inspire other tech executives to consider how their work can support the US Army—without leaving their careers.

In 2025, more than 10 former Palantir employees published a letter condemning the company's partnerships

Thirteen so-called "ex-Palantirians," condemned a $30M deal that gave Immigration and Customs Enforcement near real-time insights on migrants. The letter, named "The Scouring of the Shire" in a nod to "The Lord of the Rings," alleges that the company is violating its code of conduct by supporting this application of its service.

Learn more about Palantir's 'meritocracy fellowship'

In 2025, Palantir launched a fellowship program for high school graduates to bypass college and begin working at Palantir. The fellowship is positioned as an alternative to American universities, which Palantir leaders and cofounders frequently criticize, and offers students four months of paid training, seminars from business leaders, and return offers to top students.

Learn more about Palantir's core products, Gotham and Foundry

Palantir's core products, Gotham and Foundry, are designed to help government agencies and businesses turn complex or messy datasets into usable information. Gotham is designed primarily for government clients and connects disparate data points into recommendations and analysis. Foundry is designed for enterprise users.

Palantir once investigated a cyberattack on the Dalai Lama's computer

In 2008, officials realized the Dalai Lama's email had been hacked after details of an event that hadn't been made public yet began circulating. Palantir's software was able to identify both the hack and the hacker network.

PayPal's Peter Thiel turned his Roth IRA into $5B

In 1999, tech titan Peter Thiel had a Roth IRA with roughly $2K in it. By 2019, that tax-free account was worth $5B. For context, the average Roth IRA was worth roughly $39K at the end of 2018. Naturally, Thiel had a few investment options that the average person probably doesn’t have access to—but the story of his IRA’s boom is nonetheless fascinating.

Read Palantir CEO Alex Karp's most recent shareholder letter

Alex Karp's latest shareholder letter details both the company's outlook and recent performance, but also provides insight into what leadership finds important more generally. In this letter, Karp addresses Palantir critics and external concerns about the use of Palantir's technology for government surveillance.

One Facebook investor turned $500K into $1B

Peter Thiel was Facebook's first big investor. In 2004, he invested $500K into the social network, long before the company owned Instagram or renamed itself "Meta." In 2012, when he sold off most of his stake, he turned that initial $500K investment into more than $1B in cash.

Legendary venture capitalist Peter Thiel once wrote that 'competition is for losers'

With Peter Thiel's "Monopoly Theory," the Founders Fund partner argued that investing in companies that create new categories, rather than those that compete with other businesses in existing ones, is a best practice in venture capital.

Palantir CEO Alex Karp is an avid skier

Karp takes health and fitness very seriously and reportedly skis more than five hours each week. He has frequently recommended Norwegian-style cardio training, which emphasizes the length of a workout rather than effort level. In 2023, Karp reported having just 7% body fat—similar to that of Olympic swimmer Michael Phelps during the 2008 Olympics.

ChatGPT was conceived over dinner at a Silicon Valley hotel.

Bill Gates and Paul Allen were childhood friends before founding Microsoft

The two bonded over a teletype terminal at their school, which required a $40 hourly fee for computing time. They were banned from using the device after exploiting a bug that allowed them to bypass the fee, only to be later offered free computing time for finding more bugs.

The PATRIOT Act expanded government surveillance after 9/11

Signed into law weeks after the attacks, the PATRIOT Act granted federal agencies sweeping powers to monitor communications, access records, and conduct surveillance—sparking ongoing debates over privacy, civil liberties, and national security.

7 angel investors funded Google in its early days

Entrepreneur Shaan Puri shares how seven strangers acted as Google’s earliest angel investors. The first gave Google $100K without even putting his equity agreement in writing. The investors on “Shark Tank” use their personal funds to support startups, but they’re often more predatory about terms than typical angels.

In high school, Mark Zuckerberg rejected Microsoft's proposal to buy his music suggestion software for $950K

Mark Zuckerberg and Adam D'Angleo built a website called "Synapse," which created playlists for users based on their listening preferences and an algorithm to suggest new songs, in September 2002.

The story of Klarna, founded in 2005 before BNPL was a category

Klarna was founded in 2005 in Sweden under the name Kreditor long before BNPL apps became commonplace. The podcast hosts interviewed founder and CEO Sebastian Siemiatkowski in 2024, where he shared the story of how he built the company.

The payments tool Zelle was created by big banks to compete with apps like Venmo

Zelle is an alternative to Venmo, where people can pay each other back for expenses like apartment utilities or dinner. But its origin story has more to do with big finance than small transactions.

A US Department of Defense research lab developed the technology for the dark web

Although encryption existed to mask the content of communications across the internet before the 1990s, those managing overseas network infrastructure could determine a spy's affiliation based on where they saw data sent to and received from. To keep this information secret, the US Naval Research Laboratory developed onion routing, which enabled anonymized web browsing. The release of the technology to the public obscured sensitive communications further by growing the volume of anonymous data.

Explore a visual timeline of fintech’s history and growth

From the debut of the world’s first ATM in 1967, to Apple Pay launching in 2014, financial technologies have come a very long way in a relatively short historical period. A colorful visual timeline highlights some of the most important milestones along the way.

YC was partly inspired by an investor named Julian Weber

Y Combinator Cofounder Paul Graham’s former professor’s husband Julian Weber provided $10K in seed funding to Graham’s previous startup, Viaweb in its early days. In exchange, Weber received 10% of the company. Weber’s involvement inspired Graham to start a program where investors were more involved with the companies they contributed seed funding to.

Owned by Tencent, WeBank was China's first digital bank and services 340 million customers.

Court documents show that Anthropic bought and destructively scanned millions of books to gather high-quality text to train the software underlying its AI products.

Hear what Michael Burry thinks about the possibility of an AI bubble

Since his success shorting subprime mortgage-backed securities in 2008, Burry's positions have often become influential, sparking conversations on platforms like X. In 2025, Burry drew attention for betting against Nvidia and Palantir for being overvalued companies.

Meet the investor running his life with AI

Daniel Ha is a venture capitalist who built a suite of AI agents to boost his productivity, both professionally and personally. At his VC firm, a troupe of agents gathers data on startups and analyzes it from competing perspectives to produce a confidence score. When his dad was diagnosed with cancer, Ha used an oncology-trained AI to help him understand the condition.

Y Combinator was founded in 2005 to bridge gaps between founders and investors

In one of Paul Graham’s essays on his website, he took the time to explain how and why he and his cofounders (including his girlfriend at the time, and now wife, Jessica Livingston), came up with the idea of and eventually created Y Combinator.

Malware has transitioned from notoriety-driven to profit- and data-driven

Many of the first researchers and hobbyists who created viruses and worms showed a natural curiosity in experimenting with and designing such software to make a name for themselves and advance the field of computer science. In the future, AI-augmented malware may adapt in real-time or design enhanced cryptojackers, infostealers, and ransomware for cybercriminals.