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European Investors Pour $27 Billion into Controversial Palantir

4/12/2026

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Story summary
  • European banks and asset managers have boosted Palantir investments, with over 100 entities committing more than $27 billion by the end of 2025.
  • Palantir is linked through ties to U.S. Immigration and Customs Enforcement (ICE) and the Israeli military, drawing Amnesty International's criticism.
  • Norway's Storebrand has divested Palantir.
  • Many investors hold Palantir through index funds, while its technology is used by European governments, raising sovereignty and ethical questions.