Business news from Ukraine

AMERICAN COMPANY PALANTIR READY TO OPEN OFFICE IN UKRAINE AND START JOINT DEVELOPMENT

3 June , 2022  

The American company Palantir, a developer of data analysis software for organizations, is ready to become a partner of Ukraine in the defense, security and digital technologies sector, Deputy Prime Minister – Minister of Digital Transformation of Ukraine Mykhailo Fedorov said.
“Today, together with Volodymyr Zelensky, we’ve met with Palantir CEO Alex Karp. Palantir is the world leader in the development of data analysis software. The company’s products are used by the US Department of Defense, large investment banks and hedge funds. I would like to thank Palantir CEO Alex Karp, who responded to the invitation of the Ministry of Digital Transformation and was the first of the general directors of large Western corporations to personally come to Ukraine,” the minister said on Telegram.
According to him, the company is ready to open an office in Ukraine and start joint developments with Ukrainian specialists.
“Further cooperation with Palantir will help strengthen our army and defeat the enemy as soon as possible, because technology plays a big role in modern warfare,” Fedorov stressed.
Palantir is an American company that develops data analysis software for organizations, the main customers are intelligence agencies, investment banks, and hedge funds. It was founded in 2003 by a group of investors who came from PayPal.

, ,