Epstein Files Reveal Peter Thiel's Dietary Restrictions; Palantir Hails Strong Earnings
The latest batch of files released by the Department of Justice related to convicted sex offender Jeffrey Epstein revealed that billionaire venture capitalist Peter Thiel appeared at least 2,200 times in the records, according to Wired. The files demonstrated how Epstein cultivated an extensive network of wealthy and influential figures in Silicon Valley, including Thiel, who continued to interact with Epstein even after his 2008 guilty plea for solicitation of prostitution and of procurement of minors to engage in prostitution. The new files show that Thiel arranged to meet with Epstein several times between 2014 and 2017.
In other news, Palantir Technologies declared, "We are an n of 1" in the artificial intelligence software market on Monday, as the data analytics group reported yet another set of record quarterly results, sending its shares surging nearly 8% in late trading, according to Fortune. Investors cheered a powerful combination of faster growth, fatter margins, and a revenue outlook crushing consensus expectations, prompting a sharp rebound in a stock that had stumbled to start the year. CEO Alex Karp crowed on the following earnings call about "one of the truly iconic performances in the history of corporate performance or technology." He argued that Palantir's results would be "stellar, unusual, and sublime" for a company that was in a much earlier stage of its development.
Meanwhile, despite the soaring valuations of AI companies, job prospects in the tech industry are growing murkier, Fortune reported. Computer programming employment in the U.S. is at its lowest level since 1980 as companies increasingly automate tasks. Some firms like Anthropic are already using AI for 100% of coding. Yamini Rangan, the CEO of a $15 billion software company, HubSpot, admitted she doesn't know what jobs will look like in an AI-enabled future, even in as little as two years from now. "As things evolve every decade, new jobs will emerge," Rangan said recently on the Silicon Valley Girl podcast. "You can't even plan for a job that will be there 10 years from now, or 20 years from now, or even two years from now."
In other developments, Jared Kushner's plan for Gaza includes loft-style apartments with floor-to-ceiling windows, an off-shore oil and gas rig, advanced industrial zones and park-lined neighborhoods, according to NPR. Palestinians say Jared Kushner's vision for Gaza erases what's left of their homes.
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