European Money Pours into Palantir
english.elpais.com
May 11, 2026
8 min read
🔥🔥🔥🔥🔥
50/100
Summary
Over 100 European asset managers and banks have increased their investments in Palantir, contributing over $27 billion despite the company's controversial reputation and links to human rights violations. Palantir is recognized as a leader in military-grade AI technology.
Key Takeaways
- Over 100 European banks and asset managers increased their investments in Palantir by more than 60% in the past year, totaling approximately $27 billion by the end of 2025.
- Major investors include Norges Bank, Amundi, and Barclays, with Norges Bank becoming the largest European investor with nearly $5.1 billion in shares.
- Palantir has been criticized for its involvement with U.S. Immigration and Customs Enforcement and the Israeli army, leading to accusations of human rights violations.
- Despite these concerns, many European investors do not list Palantir among entities to avoid due to its human rights record.
Community Sentiment
Positives
- Palantir's established reputation and agility in the AI space make it a safer investment compared to newer startups with unproven ideas, which is crucial for investors seeking stability.
Concerns
- Investing in AI companies like Palantir is perceived as risky, akin to junk bonds, highlighting concerns about the volatility and ethical implications of such investments.
- Critics argue that Palantir is not genuinely an AI company but rather a defense contractor, raising questions about the authenticity of its AI capabilities and its role in surveillance.
