How did Palantir get so powerful? | If You're Listening

In the aftermath of 9/11, the problem wasn’t just intelligence failure, it was information stuck in silos. The FBI and CIA had pieces of the puzzle, but no shared picture. Enter Palantir: a company built on the premise that data, if stitched together properly, could surface threats before they metastasise. Co-founded by Peter Thiel and Alex Karp, Palantir’s early pitch was deceptively simple: give analysts the ability to see connections across messy datasets without compromising privacy. The arrival of large language models has supercharged what Palantir was already doing: ingesting, structuring, and interrogating enormous amounts of information. The result is a shift from finding needles in haystacks to, arguably, predicting where the needles will land. It’s powerful, unsettling, and very on-brand for a company named after an all-seeing stone from Lord of the Rings. Watch all episodes of If You're Listening - in our playlist: https://youtube.com/playlist?list=PLDTPrMoGHssAfgMMS3L5LpLNFMNp1U_Nq&si=8PbNZ381z7UkYtUJ Subscribe: https://ab.co/3yqPOZ5 Welcome to ABC News In-depth, where you'll find our long-form journalism and other videos to help you understand what's going on in the world around you. Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1 For more from ABC News, click here: https://ab.co/2kxYCZY Get breaking news and livestreams from our ABC News channel: https://www.youtube.com/user/NewsOnABC Like ABC News on Facebook: http://facebook.com/abcnews.au Follow ABC News on Instagram: http://instagram.com/abcnews_au Follow ABC News on Twitter: http://twitter.com/abcnews Note: In most cases, our captions are auto-generated. #ABCNewsIndepth #ABCNewsAustralia