https://www.scmp.com/rss/522117/feed US-based Palantir Technologies is a leading entity in the technology sector, headquartered in Denver, Colorado, specialising in data analytics and artificial intelligence software. It provides sophisticated platforms like Gotham for government, intelligence and defence agencies, and Foundry for commercial clients across finance, healthcare and manufacturing. Palantir serves large enterprises globally, and is known for its strong growth in both public and private sectors and its focus on complex... en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Associated Press Associated Press Two national agencies fighting corruption in Ukraine have named Ukrainian President Volodymyr Zelensky’s former chief of staff as an official suspect in a major corruption investigation. Ukraine’s National Anti-Corruption Bureau and the Specialized Anti-Corruption Prosecutor’s Office announced late on Monday that Andriy Yermak is suspected of an alleged 460-million-hryvnia (US$10.5 million) money-laundering scheme. The announcement coincided with, but was not connected to, the end of a three-day... https://www.scmp.com/news/world/europe/article/3353287/zelenskys-ex-chief-staff-named-suspect-money-laundering-probe?utm_source=rss_feed https://www.scmp.com/news/world/europe/article/3353287/zelenskys-ex-chief-staff-named-suspect-money-laundering-probe?utm_source=rss_feed Tue, 12 May 2026 10:32:42 +0000 Amber Wang Amber Wang US President Donald Trump’s landmark visit to China comes as the US-Iran war disrupts global energy supplies, fuels economic uncertainty and adds fresh strain to Washington-Beijing ties. In the latest instalment of a series examining how rivalry, interdependence and geopolitical crises are reshaping the relationship between the two powers, Amber Wang looks at the prospects for joint progress on military use of AI. China and the United States are facing calls to discuss the safe military use of... https://www.scmp.com/news/china/military/article/3353035/could-military-ai-use-be-agenda-when-chinese-and-us-leaders-meet?utm_source=rss_feed https://www.scmp.com/news/china/military/article/3353035/could-military-ai-use-be-agenda-when-chinese-and-us-leaders-meet?utm_source=rss_feed Sun, 10 May 2026 14:00:07 +0000 Associated Press Associated Press The US stock market is holding tentatively near its record heights on Monday, while oil prices climb with uncertainty about when oil tankers can resume crossing the Strait of Hormuz and restore the world’s flow of crude. Duelling claims about a possible Iranian strike on a US Navy vessel in the strait heightened the tensions. The S&P 500 slipped 0.1 per cent, coming off its latest all-time high. The Dow Jones Industrial Average was down 216 points, or 0.4 per cent, as of 9.35am Eastern time, and... https://www.scmp.com/news/world/united-states-canada/article/3352398/wall-street-dips-oil-prices-rise-reports-strike-us-navy-vessel-near-iran?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3352398/wall-street-dips-oil-prices-rise-reports-strike-us-navy-vessel-near-iran?utm_source=rss_feed Mon, 04 May 2026 12:44:31 +0000 Agence France-Presse Agence France-Presse Iran has the “necessary will” to end the war with the US and Israel, President Masoud Pezeshkian said on Tuesday, stressing that Tehran was seeking guarantees the conflict would not flare up again. The comment by the head of state – which boosted markets in the US – came after a day of heavy strikes on Iran and followed a tough warning from the powerful Islamic Revolutionary Guard Corps. The Guards threatened to retaliate against leading US tech firms such as Google, Meta and Apple from... https://www.scmp.com/news/world/middle-east/article/3348588/iran-says-it-has-will-end-war-trump-zigzags-escalation?utm_source=rss_feed https://www.scmp.com/news/world/middle-east/article/3348588/iran-says-it-has-will-end-war-trump-zigzags-escalation?utm_source=rss_feed Tue, 31 Mar 2026 19:10:00 +0000 Agence France-Presse Agence France-Presse Iran’s Revolutionary Guards said on Tuesday that they would target leading US technology firms like Apple, Google and Meta if more Iranian leaders were killed in “targeted assassinations”. “These companies, starting from 8pm Tehran time on Wednesday, April 1, should expect the destruction of their relevant units in exchange for every assassination in Iran,” the Guards said in a statement listing the names of 18 companies it alleged were complicit in the killing of officials. “We advise the... https://www.scmp.com/news/world/middle-east/article/3348585/iran-says-will-target-apple-google-and-meta-if-more-its-leaders-are-killed?utm_source=rss_feed https://www.scmp.com/news/world/middle-east/article/3348585/iran-says-will-target-apple-google-and-meta-if-more-its-leaders-are-killed?utm_source=rss_feed Tue, 31 Mar 2026 17:23:28 +0000 Elina Noor Elina Noor On March 1, after Israel and the United States initiated attacks against Iran, Amazon Web Services reported drone strikes against data centre facilities in the United Arab Emirates and Bahrain. The strikes caused structural damage to the company’s infrastructure, impairing cloud services for those countries. Iran warned that US tech companies with Israeli links, including Google, Microsoft, Palantir, Nvidia and Oracle, were on Tehran’s list of “legitimate targets” for countermeasures. Strikes on... https://www.scmp.com/opinion/asia-opinion/article/3347725/ai-infrastructure-front-line-lessons-asean-iran-war?utm_source=rss_feed https://www.scmp.com/opinion/asia-opinion/article/3347725/ai-infrastructure-front-line-lessons-asean-iran-war?utm_source=rss_feed Sat, 28 Mar 2026 21:30:10 +0000 Victoria Bela Victoria Bela The use of artificial intelligence (AI) in the US-Israel war on Iran has sparked a legal and ethical debate, as well as condemnation from countries including China after a deadly missile strike on a primary school. To prepare for its operations against Iran, the US military reportedly used Palantir’s Maven Smart System, an AI platform that incorporates models like Anthropic’s Claude to aggregate large amounts of data. A US-based source familiar with the matter said the only thing that Claude or... https://www.scmp.com/news/china/science/article/3346519/deadly-strike-iranian-primary-school-raises-questions-about-ai-accountability?utm_source=rss_feed https://www.scmp.com/news/china/science/article/3346519/deadly-strike-iranian-primary-school-raises-questions-about-ai-accountability?utm_source=rss_feed Fri, 13 Mar 2026 14:00:08 +0000 Abdul Moiz Khan Abdul Moiz Khan The United States and Israel are using artificial intelligence (AI) in their ongoing war on Iran. Even amid Anthropic’s blacklisting by the Pentagon amid a dispute over wartime applications, The Washington Post reported that the US military used the company’s AI tool Claude to strike around 1,000 targets in the first 24 hours of the invasion. Claude helped in war-planning by optimising target selection, analysing intelligence data and issuing precise location coordinates by assessing satellite... https://www.scmp.com/opinion/world-opinion/article/3345878/iran-strikes-are-wake-call-regulate-military-ai?utm_source=rss_feed https://www.scmp.com/opinion/world-opinion/article/3345878/iran-strikes-are-wake-call-regulate-military-ai?utm_source=rss_feed Tue, 10 Mar 2026 12:30:08 +0000 Shi Jiangtao Shi Jiangtao China must speed up military applications of AI and deepen civil-military fusion to narrow its strategic gap with the United States, a leading Chinese political scientist and adviser to Beijing has said. Citing US-Israeli precision strikes that eliminated Iran’s supreme leader, Zheng Yongnian warned that China risked repeating historical mistakes if it limited artificial intelligence (AI) mostly to civilian or entertainment uses and failed to convert frontier technologies into decisive hard... https://www.scmp.com/news/china/diplomacy/article/3345408/khameneis-fall-exposes-chinas-military-ai-lag-versus-us-beijing-adviser-warns?utm_source=rss_feed https://www.scmp.com/news/china/diplomacy/article/3345408/khameneis-fall-exposes-chinas-military-ai-lag-versus-us-beijing-adviser-warns?utm_source=rss_feed Wed, 04 Mar 2026 14:00:08 +0000 Alex Capri Alex Capri 2026 has begun with a worsening trust deficit, as geopolitical rivalry between the United States and China ruptures the international system. Much of this mistrust stems from an escalating technology race. At centre stage is artificial intelligence – the foundational technology for virtually all industries, from hyper-scaled computer networks and data centres to self-learning “cognitive” machines and advanced semiconductor production. The US and China now face a prisoner’s dilemma in military... https://www.scmp.com/week-asia/opinion/article/3344163/who-will-save-world-us-china-ai-arms-race?utm_source=rss_feed https://www.scmp.com/week-asia/opinion/article/3344163/who-will-save-world-us-china-ai-arms-race?utm_source=rss_feed Sat, 21 Feb 2026 05:00:08 +0000 Reuters Reuters Palantir Technologies CEO Alex Karp defended the firm’s surveillance technology as it reported a big jump in sales on Monday, ‍saying it has safeguards to prevent government overreach, without mentioning US immigration enforcement efforts in Minnesota that have drawn widespread protests. The data analytics company said revenue derived from the US government spiked 66 per cent in the fourth quarter from the year-ago period to US$570 million. Total sales of US$1.41 billion exceeded analysts’... https://www.scmp.com/news/world/united-states-canada/article/3342195/palantir-defends-surveillance-tech-us-government-contracts-boost-sales?utm_source=rss_feed https://www.scmp.com/news/world/united-states-canada/article/3342195/palantir-defends-surveillance-tech-us-government-contracts-boost-sales?utm_source=rss_feed Tue, 03 Feb 2026 06:04:49 +0000 Yulu Ao Yulu Ao Hong Kong stocks extended losses on Wednesday, tracking Wall Street’s weakness amid growing fears of an artificial intelligence bubble, while uncertainty over the Federal Reserve’s rate-cut trajectory further curbed risk appetite. The Hang Seng Index declined 0.1 per cent to 25,935.41 at the close, adding to the 0.8 per cent loss a day earlier. The Hang Seng Tech Index slumped 0.6 per cent. On the mainland, the CSI 300 Index and the Shanghai Composite Index both added 0.1 per cent. Technology... https://www.scmp.com/business/china-business/article/3331562/hong-kong-stocks-tumble-ai-bubble-fears-hit-wall-street?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3331562/hong-kong-stocks-tumble-ai-bubble-fears-hit-wall-street?utm_source=rss_feed Wed, 05 Nov 2025 02:37:32 +0000 Bloomberg Bloomberg Data analytics giant Palantir Technologies is strengthening its UK ties, pledging to invest £1.5 billion (US$2 billion) in the country while winning a deal with the UK Ministry of Defence to expand the use of its AI software, sources said. Palantir is set to finalise a £750 million, five-year deal with the ministry by the end of the year, the sources said, declining to be named because they were not authorised to speak publicly. This replaces the current deal set to expire which is a £75... https://www.scmp.com/tech/tech-trends/article/3325947/palantir-pledges-us2-billion-uk-investment-after-ministry-defence-deal?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3325947/palantir-pledges-us2-billion-uk-investment-after-ministry-defence-deal?utm_source=rss_feed Thu, 18 Sep 2025 03:44:21 +0000 Bloomberg Bloomberg South Korea’s retail investors are losing faith in Tesla’s stock, ramping up their selling last month amid growing disillusionment with the electric carmaker and rising interest in cryptocurrencies. Individual investors in South Korea sold a net US$657 million of Tesla stock in August, the largest outflow since at least early 2023, according to Bloomberg calculations of depository data. Investors have instead favoured even more volatile bets such as Bitmine Immersion Technologies, seen as a... https://www.scmp.com/tech/big-tech/article/3323911/tesla-sees-exodus-south-korean-retail-investors-cryptocurrencys-allure-rises?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3323911/tesla-sees-exodus-south-korean-retail-investors-cryptocurrencys-allure-rises?utm_source=rss_feed Mon, 01 Sep 2025 08:39:47 +0000 Associated Press Associated Press Shares of Palantir Technologies sailed past previous record highs on Tuesday after booking its first US$1 billion sales quarter and raising its performance expectations for the year. The stock rose above US$170 on Tuesday after breaking previous records four times this year in the global artificial intelligence race. The previous closing high for the stock was set this week at US$160.66. Since going public in 2020 when it posted a US$1.17 billion annual loss, the artificial intelligence software... https://www.scmp.com/tech/big-tech/article/3320889/palantir-books-its-first-us1-billion-quarterly-sales-and-dodges-doge-axe?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3320889/palantir-books-its-first-us1-billion-quarterly-sales-and-dodges-doge-axe?utm_source=rss_feed Wed, 06 Aug 2025 03:40:09 +0000 Reuters Reuters Palantir Technologies on Monday raised its annual revenue forecast for the second time this year, expecting robust demand for its AI-linked services from businesses and governments, sending its shares up 5 per cent in extended trading. Initially backed by the CIA, the company has capitalised on its expertise in managing and analysing data to help train and run new artificial intelligence apps using its platforms. The data analytics and defence software firm projected revenue in the range of... https://www.scmp.com/tech/big-tech/article/3320749/palantir-raises-annual-revenue-forecast-again-surging-ai-demand?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3320749/palantir-raises-annual-revenue-forecast-again-surging-ai-demand?utm_source=rss_feed Tue, 05 Aug 2025 02:38:09 +0000 Elina Noor Elina Noor A day before the controversial military parade in Washington celebrating the US Army’s 250th anniversary (which, coincidentally, fell on President Donald Trump’s 79th birthday), a more discreet yet significant event took place. On June 13, the US Army swore four C-suite technologists into its reserve ranks with the launch of Detachment 201, its executive innovation corps. The newly commissioned lieutenant colonels are Shyam Sankar, Palantir Technologies’ chief technology officer; Andrew... https://www.scmp.com/opinion/world-opinion/article/3316416/why-silicon-valley-signing-nationalism-puts-asia-edge?utm_source=rss_feed https://www.scmp.com/opinion/world-opinion/article/3316416/why-silicon-valley-signing-nationalism-puts-asia-edge?utm_source=rss_feed Wed, 02 Jul 2025 12:30:08 +0000