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Palintir

Palantir Wins Pentagon Contract with U.S. Army

Bloomberg reported that the U.S. Army will spend $111 million next year in a new contract with Palantir Technologies Inc. The company was selected by the Defense Department over Microsoft, Ernst & Young, Accenture and Deloitte. Peter Thiel is the co-founder and chairman of Palantir Technologies Inc. The Defense deal solidifies a relationship between the U.S. government and the Palo