“This is a first-of-its-kind, integrated technology stack that will enable critical national security missions to operationalize Microsoft’s best-in-class large language models (LLMs) through the Azure OpenAI service on Palantir AI Platforms (AIP) at Microsoft. classified government and cloud environments,” the ad says.
Palantir is a data analytics company that sucks up huge amounts of personal data to help governments and companies with surveillance. It’s not clear from the ad text what services Palantir and Microsoft will offer. What we do know is that Microsoft’s Azure cloud services will integrate Palantir products. Previously, Azure incorporated OpenAI’s Chat-GPT4 into a “top secret” version of its software.
Palantir didn’t record its first annual profit until 2023
Despite your large list of clientsPalantir did not post its first annual profit by 2023. But the AI hype cycle has meant that “Palantir’s commercial business is exploding in ways we don’t know how to handle,” the company’s CEO said. Alex Carp said Bloomberg in February. Most of its business comes from governments, including that of Israel – although the risk factors section of its annual report indicates that it does not and will not work with “the Chinese communist party”.
At the time of writing, Palantir’s share price is up more than 75% in 2024.