Palantir bets big on Britain with US$2 billion investment and a new MoD deal

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…