BP Has Been Palantir Shareholder Since 2014, Sunday Times Says
- Two companies have worked together for several years: reports
- New BP CEO Looney expanded Palantir relationship, FT reported
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BP Plc, one of the world’s biggest oil and gas companies, is a shareholder in secretive U.S. data-mining firm Palantir Technologies Inc., the Sunday Times reported.
The London-based oil giant first bought a Palantir stake in 2014, according to the Sunday Times report, which didn’t cite sources. The two companies have reportedly worked together for several years. Closely-held Palantir, founded and chaired by Silicon Valley billionaire Peter Thiel, is known for its links to U.S. intelligence.