Palantir Foundry is a software platform for integrating, analysing and acting on data, used by companies and government bodies. It connects data sources, lets teams model their operations in an Ontology that links a data layer to an object layer, and supports building applications on top. The documentation also describes AIP Assist, an LLM-powered assistant for navigating the platform. Foundry is offered as a cloud-based software-as-a-service platform, operated for the customer by the vendor or an implementation partner.
Palantir is a US company; in February 2026 it announced that it had moved its headquarters from Denver to Miami, Florida. For a European organisation this means US jurisdiction applies, so exposure to laws such as the CLOUD Act should be assessed. Data location depends on the deployment: one UK public-sector listing states that data is stored and processed in the United Kingdom. Confirm the hosting region and operating model contractually.