Palantir was founded in 2003 and bankrolled by In-Q-Tel, the investment arm of the U.S. Central Intelligence Agency, to build data analysis and surveillance tools for many U.S. military and national security agencies. In the first six months of this year alone, Palantir banked $322 million in federal contracts. In 2014, Palantir won a contract to build a tool called Falcon for an ICE division named Homeland Security Investigations (HSI). “Companies are placating Trump’s administration, suppressing dissent, and aligning with his xenophobic, sexist, and oligarchic agenda,” they wrote in May 2025. “We work to attach the steering wheel to the car and revitalize the institutions our societal fabric depends upon," Ted Mabrey, the head of Palantir Technologies, replied on Twitter.