Palantir
Makes programs that help governments and companies study huge amounts of data.
📖 Its story
In 2003, a group of entrepreneurs in California wanted to build programs to find hidden clues in mountains of information. Its first customers were U.S. government agencies. Today it also works with many kinds of companies, like banks, factories and hospitals.
💵 How it makes money
By charging governments and companies to use its data analysis and artificial intelligence software.
🤯 Fun fact
Its name comes from the palantíri, magic stones for seeing far away in “The Lord of the Rings.”
👍 The good part
Its programs help organizations make decisions using huge amounts of information.
⚠️ The risk
It depends a lot on contracts with governments and armies, and its work sparks debate about privacy.
🧠 Did you get it?
What story does the name Palantir come from?
🗂️ Quick facts
- Founded in: 2003
- Founded by: Peter Thiel, Alex Karp, Joe Lonsdale, Stephen Cohen and Nathan Gettings
- Home: Miami (Aventura), Florida, USA
🔎 How to find it on the stock market
- Search the internet for PLTR stock.
- You can also find it in your parents' investing app with the letters PLTR.
- Check how much one share costs and whether today it's green (went up) or red (went down).
🎮 Buy it in the game
Soon you'll be able to invest your Monis in Palantir. Ask your mom or dad to join the list.
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