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Tech giant Palantir to hold first board meeting of 2024 in Israel

Tech giant Palantir to hold first board meeting of 2024 in Israel

“We stand with Israel. The board of directors of Palantir will be gathering in Tel Aviv next week for its first meeting of the new year. Our work in the region has never been more vital. And it will continue,” the U.S. company announced

CTech | 10:56, 02.01.24

U.S. tech giant Palantir Technologies has announced that it will hold its first board meeting of 2024 in Tel Aviv. “We stand with Israel. The board of directors of Palantir will be gathering in Tel Aviv next week for its first meeting of the new year,” the company wrote on X on Monday. “Our work in the region has never been more vital. And it will continue.”

Palantir, which specializes in data analytics, is currently traded on the New York Stock Exchange with a market cap of over $37 billion.

Palantir CEO Alex Karp. Palantir CEO Alex Karp. Palantir CEO Alex Karp.

This is not the first time that the company has come out in support of Israel. Alex Karp, CEO of Palantir, condemned last month companies that remained silent after Hamas’ terror attack on Israel on October 7.

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Speaking on a panel at the Reagan National Defense Forum, Karp criticized corporate America for its "abysmal failure at standing up to people who are anti-American, who are breathing the vapors of a thin new religion at elite schools."

"As far as I can tell,” Karp added on December 2, “there are only three companies that have been publicly pro-Israel on Oct. 7," he said, naming Booz Allen, Anduril Industries and his own company, Palantir. "We have to do better."

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