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Why Palantir is becoming a risky bet for Switzerland

Zurich serves as a hub for US tech company Palantir’s business relations. The Swiss foreign ministry now has the company in its sights, because of its controversial role in Gaza. Palantir is arguably the most controversial tech company in the world today. It expects over $4 billion (CHF3.2 billion) in revenue this year. Many people, however, see it as a symbol of a tech dystopia. The company’s software products aggregate diverse data, using them to create situational pictures. Its software provides armies with information that influences decisions to kill. The police use it as a surveillance tool. Large companies also use it to optimise processes and support decision-making. Palantir has customers in the military and administrative sectors the world over. The Swiss government was also on the tech company’s wish list, but no deal ever came to be. The country’s federal agencies and army have so far shied away from cooperation. However, whatever is holding the authorities back appears ... Full story here Are you the author?
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SWI swissinfo.ch – the international service of the Swiss Broadcasting Corporation (SBC). Since 1999, swissinfo.ch has fulfilled the federal government’s mandate to distribute information about Switzerland internationally, supplementing the online offerings of the radio and television stations of the SBC. Today, the international service is directed above all at an international audience interested in Switzerland, as well as at Swiss citizens living abroad.
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