Alex Karp, CEO of Palantir, meets Keir Starmer in the UK and Trump to increase defense spending in the Ukraine War – Palaantir Technologies (Nasdaq: PLTR)
Prime Minister in the United Kingdom Care Starmer Go out Palantir Technologies Inc.’s PLTR The Capital Office on Thursday. His visit comes at a time when the United Kingdom and the United States are strengthening cooperation in artificial intelligence technology amid Russia’s continuous war in Ukraine.
What happened: The visit, which was revealed in a publication on social media by the executive of strategic participation in Baldir Eliano YunusIt came on the same day as Starmer detained A joint press conference with the president Donald Trump Where both leaders confirmed the increase in defensive spending.
“We welcomed very special guests at the Palantir’s DC office today,” Yunus wrote on X, and showed Starmer’s meeting with the founder and CEO of Palantir. Alex Carb.
During the subsequent press conference with Trump, Starmer indicated that the United Kingdom has adopted “the largest continuous increase in defense spending since the Cold War”, in response to the security challenges highlighted by the Ukrainian conflict.
Trump praised the UK’s military investment with expressing serious concerns about losses in Ukraine. “Thousands of people, young people who are vibrant, have died, and we want to stop it,” Trump said, adding that the increase in NATO defensive spending on “4 % or 5 % of GDP will be suitable for many partners.
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Why do it matterThe prominent meeting emphasizes the increasing importance of Palantir in national security. The data analysis company recently reported the results of the fourth quarter of the quarter of 36 % on an annual basis of up to 827.52 million dollars. The company received $ 1.8 billion in the total value of the contract, including 32 transactions exceeding $ 10 million each.
Securities Wedbush Managing director Dan Eve The last Baltreer profits were described as “AIP” and suggested that the next “Oracle” company become with access to the basic capital trillion dollars.
PricePLTR shares fell by 5.08 % to close at $ 84.77 on Thursday. However, the share increased 245.58 % during the past year and increased 12.74 % so far this year, according to Data from Benzinga Pro.
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