Palantir’s departure will mean economic pain for Colorado, new report says

As Colorado’s largest public company Palantir announced it would relocate its headquarters from Denver to the Miami area last month, the research group Common Sense Institute has released a report to try to quantify the economic impact.

The controversial software company uses artificial intelligence to analyze data. It has sparked privacy concerns and criticism over its contract with Immigration and Customs Enforcement (ICE). It has also faced protests in Denver, and even some vandalism outside its Cherry Creek office last year.

The Common Sense Institute report said Palantir had 87 employees working in Denver, including five top executives who made nearly $30 million combined in 2024…

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