Palantir CEO Defends its Surveillance Tech

Alex Karp, the CEO of Palantir Technologies, defended the firm's surveillance technology as it reported a big jump in sales on Monday, saying it has safeguards to prevent government overreach, without mentioning the U.S. immigration enforcement efforts in Minnesota that have drawn widespread protests over their rampant use.

The data analytics company said revenue derived from the U.S. government spiked 66 percent in the fourth quarter of 2025 from the year-ago period to $570 million. Total sales of $1.41 billion exceeded analysts' estimates and the firm anticipates a big jump in sales, in part due to government contracts in 2026.

Shares of the company jumped 6 percent in extended trading.

Please select this link to read the complete article from Reuters.