Palantir Explains Apollo
A new article by Palantir on Apollo, the best potentially best Palantir SPAC investment, and more NHS updates.
“Edge devices provide greatest value when they can make rapid decisions based on a live stream of data. Computation at the edge solves this latency problem and significantly speeds up the observation — decision-making — action loop, enabling users to make and execute better decisions, faster — or even automate them, where appropriate and allowed in the specific context. Additionally, deploying software directly on edge devices reduces the expense and risk of transmitting sensitive data through bandwidth-limited channels. From spotting defects in a manufacturing line, to predictive maintenance of oil pipelines, to military intelligence, the benefits are enormous.” Palantir just put out a new article explaining Apollo in depth - you can read it here.
One Palantir SPAC investment that doesn’t get talked about enough (even though yes, they made a mistake with many SPACs) its Lilium. Lilium is planning to launch an electric vehicle takeoff and landing (EVTO) jet by 2024, a feat only made possible by revolutions in battery technology. The company aims to compete for the one to three trillion-dollar market, which will be shared with a growing number of competitors in the electric plane sector. The jet will be able to charge 80% in 15 minutes and 100% in 30 minutes. Lilium has proprietary technology at the core of its platform that is scalable, which could enable the company to recreate its design hundreds of times to create a fleet of electric air taxis that could become the primary form of personal transportation by 2050. Here’s the full article on why Palantir’s investment in LILM could pay off big.
Speaking of LILM, here’s what they had to say at Foundry Con about what Palantir’s software did for them, including a 6X boost in productivity. You can listen to it here.
In attempts to not be an echochamber - here’s an article from public advocacy group OpenDemocracy. It seems like they are reaching for everything for Palantir to not get this NHS deal - you can read their article for yourself thatt they just published and see if you think there’s any truth to their argument or if they are just spewing ignornace to spew it. You can read it here, and then listen to our take on the person that funds them here.
Here’s the first paragraph from their article:
“This week I debated the future of the NHS with a cardboard cutout. This was, I confess, a bit of a let-down: Louis Mosley, the UK head of Palantir, looked very fine in 2D, watermelon cocktail in hand, but we’d hoped for the man himself. He’d agreed to debate Foxglove about the NHS’s massive new plans for our health data, only to pull out at the last minute, citing ‘commitments in eastern Europe’. I suspect the real reason is that the government leant on him – and the conference organisers – to scuttle the debate. So much for public engagement.”
That’s it for today - see you tomorrow!