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Palantir, co-founded by Facebook board member Peter Thiel, files to go public – Source CNET Tech

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Peter Thiel, co-founder of PayPal and an early Facebook investor and board member, co-founded Palantir in 2003.


Stephen Shankland/CNET

Palantir Technologies, a controversial data analytics company tied to US government contracts, filed paperwork Tuesday to go public on the New York Stock Exchange, marking the latest example of the tech industry‘s increasing wealth amid the coronavirus pandemic and economic crisis.

Palantir said in a filing with the Securities and Exchange Commission that it’s growing quickly despite the pandemic, tallying $481.2 million in revenue during first half of this year, a…

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Source CNET Tech

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