"On Thursday, the defense tech and data giant sued two former employees who now work at Percepta, a startup building software to help integrate AI into large companies, governments, and healthcare systems. General Catalyst, a venture capital firm with IPO ambitions that recently bought a hospital chain, launched the company in early October. In a Federal lawsuit, Palantir claims the two ex-engineers "exploited their prior access of Palantir's confidential information, proprietary methodologies, and customer relationships to the benefit of a copycat 'version' of Palantir.""
"The dispute goes beyond a tussle between a company and its former staffers: It underscores the growing tension between established tech giants and fast-moving AI startups hoping to disrupt the status quo. Palantir - long known for its government work and tight control over its technology - is accusing a buzzy new entrant, backed by a heavyweight investor, of trying to replicate its playbook in a matter of months."
"The company also says it found out about Percepta only after the startup "emerged from 'stealth' mode, professing to have developed in 11 months the same product and business that took Palantir decades to develop." Palantir alleges it hadn't known where either former employee was working until General Catalyst announced Percepta's launch. The dispute goes beyond a tussle between a company and its former staffers: It underscores the growing tension between established tech giants and fast-moving AI startups hoping to disrupt the status quo."
Palantir filed a federal lawsuit accusing two former engineers who joined Percepta of exploiting prior access to Palantir's confidential information, proprietary methodologies, and customer relationships to benefit a copycat product. Percepta was launched by General Catalyst in early October and claimed to have developed in 11 months the same product and business that Palantir built over decades. Palantir asserts it only learned of Percepta when the startup emerged from stealth and alleges it did not know the former employees' whereabouts until the launch announcement. The dispute highlights tensions between established tech firms and rapid AI startups and follows Palantir's prior litigation history.
Read at Business Insider
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