: Palantir reportedly moves headquarters from Silicon Valley to Denver ahead of public listing

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Palantir Technologies Inc., the data analytics company co-founded in Silicon Valley by billionaire venture capitalist Peter Thiel, has moved its headquarters from Palo Alto, Calif., to Denver, according to a Wednesday report. The company has not commented on the news reported by the Denver Business Journal, but Palantir’s website now shows Denver as its headquarters, as does its Wikipedia entry. A Palo Alto office remains on the list of locations on the company’s website. Palantir Chief Executive Alex Karp had said in a May interview on “Axios on HBO” that the company was considering California and the “increasing intolerance and monoculture” of Silicon Valley. Palantir has been the subject of protests by activists and its own employees over its work with the U.S. government, including the fact that its software is used by Immigration and Customs Enforcement in the tracking, detaining and deportation of migrants at the U.S.-Mexico border. The company, which is valued at $20 billion and also provides technology to large businesses, confidentially filed paperwork in July to go public. A Japanese wealth manager said earlier this month that Palantir plans to go public via a direct listing by the end of September.
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