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Palantir Technologies Moves Headquarters to Miami
Palantir joins a growing trend of tech firms relocating to Miami for favorable tax policies amid cultural and regulatory challenges in Colorado and California.
- On Tuesday, Palantir Technologies Inc. announced it has moved its headquarters from Denver, Colorado, to Miami, Florida, marking its second relocation since moving from Palo Alto, California, in 2020.
- Amid local opposition and new rules, large protests on Jan. 31 and this weekend featured chants `Palantir out of Denver` and `No AI for ICE`, while the Colorado Artificial Intelligence Act takes effect this June.
- Market data point to Palantir's $312.2 billion valuation and over 4,000 employees, with around 1,500 in Denver, and recent lease details in Cherry Creek.
- The company gave no operational details, and Palantir's departure may unsettle Denver employees and the Denver AI ecosystem boosted by Palantir's arrival.
- Against this backdrop, Florida's friendlier tax environment and billionaire influx in recent years attract executives like Palantir co-founder Peter Thiel, whose Thiel Capital opened a Miami office in December.
Insights by Ground AI
16 Articles
16 Articles
Palantir moves headquarters to Miami and joins growing tech exodus to Florida
Palantir announced Tuesday it has moved its headquarters from Denver to Miami – joining a slew of tech firms fleeing to South Florida as a growing number of industry leaders deem it the new Silicon Valley.
·New York, United States
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East Bay Times+2 Reposted by 2 other sources
Palantir is latest tech firm to move headquarters to Miami
By Pierre Paulden, Bloomberg Palantir Technologies Inc. said it’s moved its headquarters to Miami from Denver as more tech firms seek to base themselves in the Florida city as the city’s civic leadership tries to turn the location into the next Silicon Valley. Ken Griffin and Stephen Ross, among the highest-profile billionaires to move to South Florida during the pandemic, recently started bankrolling a new campaign to get others to follow in th…
·Walnut Creek, United States
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Total News Sources16
Leaning Left5Leaning Right2Center4Last UpdatedBias Distribution46% Left
Bias Distribution
- 46% of the sources lean Left
46% Left
L 46%
C 36%
R 18%
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