Palantir AI software company locates its headquarters to Miami

Palantir Relocates Corporate Headquarters From Denver to Miami

Billionaire Peter Thiel's tech firm Palantir Technologies announced Tuesday that it is relocating its corporate headquarters from Denver to Miami, shifting the base of operations for the publicly traded data analytics and artificial intelligence firm to South Florida.

The announcement was made during the Defense Tech Leadership Summit in West Palm Beach, where Shon J. Manasco, a senior counselor at the company, said the firm is now officially headquartered in Florida’s “Gold Coast” region.

Palantir provides data integration and AI software platforms to government agencies and commercial clients, including work related to defense, intelligence and enterprise operations. The company was founded in 2003 and became publicly traded in 2020.

Company officials did not release details about how many employees will be based in Miami or whether the move will result in new hiring locally. Palantir has maintained offices in multiple U.S. cities and internationally, and it was previously headquartered in Denver.

The Florida Council of 100, a private, non-profit, non-partisan organization of Florida business leaders who advise the state's governor issued a statement welcoming the relocation, describing it as part of broader economic development efforts across the state.

“Palantir’s decision to relocate its headquarters to Florida’s Gold Coast is a powerful validation of where growth is happening in America,” said Michael Simas, President and CEO of the Florida Council of 100.

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Stock selling at $133.02 a share at closing on Tuesday. It specializes in data integration, analytics, and AI-driven decision-making platforms for government and commercial clients.