Good morning. Talk about buyer’s remorse. Four years after relocating Palantir’s headquarters from Palo Alto, Calif. to Denver, Colo., the AI data analysis company is moving homes again—and heading to Florida.
Palantir announced the move Tuesday in a terse one-line tweet—”We have moved our headquarters to Miami, Florida”—apparently without even giving the Colorado governor a heads up and leaving local officials wondering what prompted the state’s largest public company to pack up.
Was it the recent revelation that Denver does not in fact get 300 days of annual sunshine? More likely, the political climate may be behind CEO Alex Karp’s decision. When Palantir moved to Denver in 2020, Karp decried the Silicon Valley “intolerance and monoculture” and the regular protests the company faced for its work with ICE and the military. But the protests did not go away in Denver, especially with the recent backlash against ICE activities. Let’s hope Miami works out better for Palantir, because it can’t go any further East.
Today’s tech news below.
Alexei Oreskovic@lexnfxalexei.oreskovic@fortune.com
