What happens when data collection goes haywire? Palantir is hardly alone. OpenAI recently launched OpenAI for Government, which aims to equip federal, state and local leaders with advanced AI tools.

Palantir says its software logs how users access the data and tracks the origin and flow of all data, preventing fraud and abuse. Ultimately, though, the government decides how the data is used.

Palantir was the best-performing stock on the S&P 500 last year and is the top performer so far this year as well. Typically, success attracts competition, and while it does face some, it seems to ...

The Army collapsed 75 data and software contracts into one deal potentially worth $10 billion—a deal won by Palantir—and it’s just the beginning of how the service wants to buy software.

Palantir was the best-performing stock on the S&P 500 last year and is the top performer so far this year as well. Typically, success attracts competition, and while it does face some, it seems to ...