15 AI News That Broke The Internet

10. Palantir Technologies Inc. (NASDAQ:PLTR)

Number of Hedge Fund Holders: 43

Palantir Technologies Inc. (NASDAQ:PLTR) is a leading provider of artificial intelligence systems. On December 3, Palantir Technologies Inc. (NASDAQ:PLTR) announced that it has received the FedRAMP High Authorization for Palantir Federal Cloud Service (PFCS) and Palantir Federal Cloud Service – Supporting Services (PFCS-SS). The FedRAMP authorization is a government-wide program that encourages the use of secure cloud services across government agencies. This is done by offering a unified framework that assesses security and manages risk associated with cloud technologies.

The new authorization allows Palantir to handle sensitive US government workloads and will be covering the complete range of Palantir’s product offerings and programs—including AIP, Apollo, Foundry, Gotham, FedStart, and Mission Manager. The company’s high authorization builds on Palantir’s previous FedRAMP Moderate and DoD IL5 and IL6 authorizations, enabling the U.S. government to process the most sensitive unclassified workloads in Palantir’s cloud offering.

“We’re proud to have achieved the FedRAMP High milestone for our full product suite, including our award-winning AI Platform (AIP), which is transforming the speed, scale, and efficiency with which the US Government can operate across civilian, defense, and intelligence agencies. With the addition of the PFCS-SS FedRAMP High offering, Palantir is excited to accelerate our work with other technology partners—big and small, government or commercial—to enable their technology to be securely operated on behalf of USG missions. This milestone is an affirmation of our ongoing commitment to upholding the highest security standards and being trusted to handle our government partners’ most sensitive data and workloads, as well as our commitment to enabling the entire American technology base to support critical government needs.”

-Akash Jain, CTO and President of Palantir USG.