Peter Thiel’s Palantir Saw Coronavirus Coming. Now It Braces for the Impact.

Peter Thiel’s data firm Palantir Technologies Inc. got an early jump on the coronavirus, recalling staff from abroad ahead of most companies. In recent weeks, it parlayed that knowledge into a growing role helping governments around the world track the pandemic.

That may not be enough to spare the company from pain. Palantir’s business is being squeezed as corporate customers pare back spending, leading the Silicon Valley firm to draw up deep cost cuts and consider pushing back further its long-awaited initial public offering,…

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