Palantir CEO Alex Karp on Tuesday rejected claims that the company spies on U.S. citizens, calling its platforms “the single worst technology to use to abuse civil liberties.” Speaking on the All-In Podcast, Karp stressed that Palantir’s software uses immutable logs and safeguards that make it nearly impossible to secretly track individuals. His remarks followed a New York Times report alleging Palantir’s Foundry platform was used by the Trump administration to expand federal data sharing, which Palantir called “blatantly untrue.” Palantir’s financial performance continues to rise, with second-quarter revenue up 48% year-over-year to $1.004 billion, marking its eighth consecutive quarter of exceeding Wall Street expectations. The company raised full-year revenue guidance to about $4.15 billion. Shares have surged more than 365% in the past 12 months and are up nearly 116% year-to-date, according to Benzinga Pro.
