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The unusual disclosure from Peter Thiel's normally secretive, private data and analytics startup has surpassed investors expectations, with half of the revenue coming from government agencies and the other half from corporates.
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Selling to companies has been the main area of growth for Palantir. In that business, Palantir competes with the likes of International Business Machines Corp., Microsoft Corp. and Tableau Software Inc. Palantir’s longtime relationships with law enforcement and government agencies, including U.S. immigration, have drawn criticism.
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