Palantir founder purchases large swath of forest in Sweden
Alex Karp, the CEO of Palantir Technologies, has acquired a substantial piece of forest in Härjedalen, Sweden, for $22 million. The 37,000-acre land is now owned by Cladonia Skog AB, a company registered by Karp. The purchase became public when local hunters noticed the cancellation of their lease on the land. Swedish authorities were not informed about the transaction ahead of time.
The chairman of Cladonia stated that the land plays a crucial role in preserving wildlife habitats and offers recreational opportunities. Palantir's services are utilized by Swedish defense, police, and NATO. This acquisition coincides with European leaders exploring alternatives to U.S. technology.
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