Palantir (PLTR) has been awarded a three-month contract by the UK’s Financial Conduct Authority to analyze sensitive internal data in an effort to combat financial crime, sparking concerns about the U.S. firm’s expanding role in the British state, The Guardian’s Robert Booth reports. The trial, costing over GBP 30,000 per week, could lead to a broader AI system procurement to help oversee the 42,000 firms the FCA regulates, according to the report.
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