It’s one of the most valuable and secretive technology companies in Silicon Valley: Palantir Technologies, a developer of data mining software used by spies, banks and some of the biggest companies in the world.
The company was co-founded in 2004 by billionaire Peter Thiel — previously the co-founder of PayPal — and now an adviser to U.S. President Donald Trump.
Financial institutions are said to use Palantir’s software to detect fraud and cyberattacks, while pharmaceutical researchers have been sold on its potential to more speedily discover new drugs. Hershey says Palantir has helped it sell more chocolate. The CIA and FBI are reported to have used it to track terrorists, criminals, and more.
Read full story here: A Secretive Silicon Valley Tech Giant Set Up Shop In Canada. But What Does It Do? – Technology & Science – CBC News
