Sovereign AI is no longer a nice to have, and with open source, more achievable than ever July 22, 2026 Driven by rising costs and concerns over data sovereignty, enterprises are increasingly pursuing “AI sovereignty” by diversifying their AI supply chains with open-source alternatives, says Lewis Liu “Every single enterprise in this country… these people are livid. They’re saying: ‘I am paying for tokens that create no value. These people are stealing the weights and [...]
Forget Palantir, Microsoft is the government’s real tech problem June 11, 2026 MPs are right to warn about the dangers of the public sector’s use of Palantir, but the bigger story is the vice-like grip Microsoft exerts of government IT systems, says Bill McCluggage Palantir, the Peter Thiel-founded data analytics firm with its murky intelligence community roots, makes for an irresistible villain. So it’s no surprise that [...]
Podcast: Palantir to sue Sadiq Khan, GSK’s $10bn mega-deal, and could the World Cup rescue pubs? June 10, 2026 In today’s episode of City AM’s Business As Usual podcast, we get stuck in the top stories of the day – from a major pharma M&A deal to a US software giant poised to take legal action against the Mayor of London. City Editor Simon Hunt gives his round up of major markets stories, as Pharma giant [...]
Palantir to sue Khan over blocked Met police contract June 9, 2026 Palantir is set to sue Sadiq Khan after the London Mayor blocked a £50m contract with the Metropolitan Police, claiming the tech giant does not reflect the City’s values. In May, Khan vetoed the deal in which Palantir would have supported Scotland Yard with AI technology, over concerns about the Met’s procurement process, claiming they had failed [...]
Kirkland & Ellis partners with Palantir for AI-driven private equity work June 4, 2026 The world’s largest law firm by revenue, Kirkland & Ellis, has agreed to partner with tech giant Palantir to create an AI tool to use in advising private equity firms. The US-based firm, which has a large City office, said the multi-year partnership will deploy technology to share the expertise of its leading partners with [...]
Palantir ‘should challenge Sadiq Khan in court’ over blocked Met Police contract May 25, 2026 American tech firm Palantir should challenge Sadiq Khan in court after the London mayor blocked a £50m contract with the Metropolitan Police, former government legal officer Sir Michael Ellis has said. Sir Michael Ellis KC, a former Tory attorney general under Liz Truss, said Khan’s decision is “an extraordinary intervention, which may be susceptible to [...]
Quantexa chief says £175m HMRC deal will ‘protect taxpayers’ money’ May 14, 2026 HM Revenue and Customs (HMRC) has signed a £175m, 10-year partnership with London-based Quantexa to overhaul its data infrastructure, as the tax authority scrambles to recover billions lost to evasion and sophisticated fraud. The deal – one of the largest tech deployments in the public sector – is designed to fix the “fragmented” legacy systems [...]
NHS gives Palantir wider access to patient data amid growing backlash May 11, 2026 NHS England has expanded access to sensitive patient data for external contractors working on its controversial Palantir-backed data. The move has sparked concerns over privacy for such sensitive data, and the growing influence of American Big Techs inside the UK’s health service. According to the Financial Times, internal briefing documents show NHS officials approved new [...]
Palantir revenue rockets past forecasts May 5, 2026 Revenue at Palantir rocketed past analyst forecasts as the AI-powered firm ramped up commercial and government deals. The US tech firm posted revenue of $1.6bn (£1.2bn) in the first three months of the year, above investor expectations of $1.5bn and 85 per cent ahead of last year. The firm upped its revenue guidance to $7.6bn [...]
Palantir boss rebuts Polanski’s wild NHS claims April 23, 2026 A senior Palantir Technologies executive has issued a scathing point-by-point rebuttal after a viral video by Green Party leader Zack Polanski criticised the firm’s role in the NHS and wider public sector. Louis Mosley, who leads Palantir in the UK and Europe, responded directly on X, challenging a series of claims made in the clip. [...]