The Investor Alliance for Human Rights (IAHR) cited allegations of human rights abuses by U.S. Immigration and Customs Enforcement (ICE), and said Palantir has enabled the agency’s work, “including surveillance, mass raids, detentions, as well as de facto family separations and deportations.” It said the company has not taken “meaningful steps” to deal with the consequences of how ICE uses its technology. Palantir called the report misleading. (Reuters)
Talking point: Palantir is reportedly trying to raise as much as US$3 billion in its first funding round in four years after pausing plans to go public. But its investors—from whom it might seek follow-on capital—include funds run by publicly traded investment managers like BlackRock and Allianz. IAHR is calling on those firms to push the company to review its human rights policies and end its work with ICE. Institutional investors have made similar moves with tech companies in the past—in April, a group of 45 called on social media platforms to restrict harmful content.