News Summary

• Palantir Technologies reported a revenue of $1.94bn for the second quarter, up 93 percent from a year earlier.
• It said strong demand from both commercial customers and government agencies drove the surge.
• Palantir opened its first office in Israel in 2015 and has since expanded its work with the Israeli military.
• The company has faced criticism over its close ties to the US and Israeli governments and concerns about its growing role in artificial intelligence and warfare.
• It has also faced scrutiny over its vision for the future of artificial intelligence.