Palantir says it helps the IRS investigate financial crimes

Palantir has helped the Internal Revenue Service’s Office of Criminal Investigations investigate dozens of U.S. financial crimes over the past decade, The Intercept reported. report.

The IRS has paid the company $130 million since 2018 to use its data analysis software to calculate financial records for investigation, the report said, referring to Palantir’s public IRS records obtained by the non-profit watchdog group American Oversight.

This is known as the IRS to use product Palantir, and that the organization sees software as a method adjust and adjust the lighting. summer is over, it was also said that Palantir is helping DOGE, a “good government initiative” launched by President Trump and a project designed to access IRS records. However, the extent of the agency’s use of the company’s equipment has not yet been announced.

The software, Palantir’s Lead and Case Analytics platform, is being used to collect and analyze data across various federal agencies. The software can find “connections from millions of profiles and thousands of links” between different databases, and the tool is great for mapping social relationships and connections, according to the release.

Earlier this week, the American Oversight Project the defendant Trump’s administration of government documents related to the use of Palantir’s equipment by many agencies, including the IRS. TechCrunch has reached out to Palantir for more information and will update this story if the company responds.