Palantir Technologies on June 26 said it was teaming up with a nuclear deployment company to develop an artificial intelligence-driven software system built for the construction of nuclear reactors.

Palantir is a high-risk, high-reward investment, but its competitive advantages suggest that the stock could still be a winner for long-term investors.

Protesters gathered at Palantir's office in Palo Alto, California, on Thursday to protest the tech company's work with ICE and the Trump administration.

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Palantir did not respond Thursday to requests for a comment. Business and tech reporter Scott Budman was at the Palo Alto protest and provides more in the video above.

“Palantir’s tech programs are being used to deport our neighbors, kill civilians in Gaza … and deny health insurance claims,” a group said.

Palantir reported strong Q1 growth, fueled by AI momentum and government contracts. Yet, high valuation concerns remain. Read here for more on PLTR stock.

New York police detained six protestors outside the Manhattan office of Palantir. Planet Over Profit, the group that organized the demonstration, said it objected to Palantir "turbocharging ICE ...

These statements may relate to, but are not limited to, Palantir's expectations regarding the amount and the terms of the contract and the expected benefits of Palantir's software platforms.