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One Ring to Rule Them All

In 2003, Silicon Valley venture capitalist Peter Andreas Thiel launched an espionage startup with a $30 million investment. The Central Intelligence Agency’s investment arm, In-Q-Tel, contributed $2 million. Thiel named their privately owned firm “Pala…

In 2003, Silicon Valley venture capitalist Peter Andreas Thiel launched an espionage startup with a $30 million investment. The Central Intelligence Agency’s investment arm, In-Q-Tel, contributed $2 million. Thiel named their privately owned firm “Palantir” after the Seeing Stone used by Dark Lord Sauron to locate his enemies in Lord of the Rings.
Pumped by years of secretive contracts with the CIA, Department of Homeland Security’s ICE, National Security Agency, Federal Bureau of Investigation, Air Force, Special Operations Command, and the Los Angeles Police Department, Palantir Technologies went public in 2020 with a $16 billion market valuation.

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