more than 100 major European banks, asset managers, insurers and pension funds increased their combined stake in the company by more than 60% in the last year. This is according to data compiled by an international investigation coordinated by Follow The Money, a platform for independent journalism, and in which EL PAÍS participated.
Palantir really is just the apple of big data analytics. Their service is very nice and its overpriced. They dont have a technological moat. There is no reason why europe cant build this themselves they have incredible engineering talent available.
Should this not be prohibited and considered a critical threat for Europe’s very safety?
Yes!
Using their services should be prohibited. Owning shares is morally questionable but not really a safety risk?
So much for the “anti-US” optics 😑
These are private companies investing in another private company. It’s like me buying ETFs for S&P 500. I don’t think this changes the “anti-US” optics of the continent in any way. For example they say two Spanish banks have stakes in Palantir: BBVA and Santander. Does this mean the whole Spain is “pro-US” now?
Good point.
Is there a petition against it or something? Should be illegal.
Europe is going to be controlled by the US while everybody is distracted by the Russian threat.
