⚡️ COMPETITION IS COMING | Palantir Bullets #33

This week's Palantir developments and the crowned “Tweet of the Week”

Arny Trezzi

and

Emanuele Marabella

Jul 4, 2023

Editor: Emanuele Marabella

Hi, I’m Arny. Thank you for joining 2.246 investors who receive the deepest Palantir research. Please hit the ❤️ button if you enjoy today’s article.

PLTR 0.00%↑ last week:

Palantir failed nationwide adoption in Germany as interior ministers rejected the proposal from Hesse, North Rhine-Westphalia, and Bavaria, which are key clients using its software. Interior experts demand their own solution:

"That has the great advantage that you then know exactly what the program is doing.” - Martina Renner, German Domestic Policy Spokeswoman.

Palantir will support its partner PWC in providing antifraud solutions to the Police of the City of London.

“We look forward to working alongside City of London Police and our technology alliance partner (Palantir) bringing our experience in delivering technology programmes and expertise in managing risks around cyber and economic crime to help deliver this vital service to citizens and businesses.” - Scott Logan, PwC Partner

Palantir is extending Maven Smart System (MSS) to CENTCOM (United States Central Command) for $34mn. Great spot @PLTRs_Palantir!

“The CENTCOM fiscal 2024 wish tabulation–one of a number of DoD’s incongruously named “unfunded priority lists” (UPLs)–includes $34 million for Palantir Technologies‘ [PLTR] Maven Smart System (MSS)” - DefenseDaily

Palantir officially sponsors Elina Svitolina, Ukraine's highest-ranked player in Women's Tennis Association history.

“I am thankful for the work they are doing in helping my government continue its fight to peacefully exist within our own borders. Palantir is helping that cause and my decision to partner with them helps advance our humanitarian missions.” - Elina Svitolina

Palantir’s competitor Databricks bought MosaicML for $1.3bn. MosaicML is a platform specialized in LLMs (large language models) training and deployment.

“The key differentiators with Mosaic’s approach are two-fold. First, it’s open source. Second, it’s focused on organizations building their own LLMs based on their own data” - Tech Crunch

The All-In podcast, one of the most prominent business podcasts, seemed to perfectly describe Palantir’s AI stack without mentioning it directly.

“Every Enterprise would like to roll out its own chat GPT they would all like to have their own internal version of chat GPT where their employees for example could ask questions and get answers that's where all the action is right now. Every Enterprise would buy that tomorrow if it existed.” - David Sacks, Craft Ventures Co-Founder

European Cricket Network (ECN) is using Palantir’s new IAP to accelerate building their digital twin.

“Last three weeks we have gone in to dev overdrive with the help of a constant chat with AIP Assist, accelerating the build of our digital twin at a rapid rate at EuropeanCricket” - Daniel Weston, European Cricket Founder

JP Morgan has been confirmed as a Foundry client thanks to a new job offer for an Executive Director-Training Data Platform- Product Manager, which requires:

“Deep subject matter expertise of Palantir Foundry (e.g. Objects, Ontology, Model Objectives, Workspaces, etc.)” - Indeed Job Offer

Joby Aviation, the competitor to Palantir’s SPAC Lilium, receives a permit to fly the first eVTOL built on the production line. Palantir tripled down on Lilium investment in Q1.

“The eVTOL company already received its Part 135 air carrier certificate, which allows Joby to begin on-demand commercial air taxi operations, in May 2022.” - Tech Crunch