The secure data collaboration environment will provide continuous feedback through a holistic view and a common operating picture of in-fab performance that can help solve quality deviations. DENVER, April 5, 2023 /PRNewswire/ -- Palantir Technologies Inc. (NYSE: PLTR) today announced that Palantir Federal Cloud Service (PFCS) achieved FedRAMP authorization and accreditation to. "Together, IBM and Palantir aim to make it easier than ever for businesses to put AI to work and become data-driven throughout their operations. Additional information regarding these and other risks and uncertainties is included in the filings we make with the Securities and Exchange Commission from time to time. When typing in this field, a list of search results will appear and be automatically updated as you type. From the PR, Campaigners warn the government risks undermining public trust with plans to shove hospital data into a private contractor without proper consultation. Growth will depend on landing new, large deals every year while retaining their profitable clients - and the firm hasn't shared much about its record, said Mr Moerdler. Peter Thiel at the Bitcoin conference in Miami, Florida, in April 2022. eter Thiel has a terrible case of RBF reclusive billionaire face. He is also a co-founder of PayPal. Palantir has just released a press release that can be read here. DENVER, April 17, 2023 /PRNewswire/ -- Palantir Technologies Inc. (NYSE: PLTR) . Company: There is a reason why pretty much every mention of Thiel tends to be peppered with adjectives such as secretive, distant and haughty. As part of their new strategic partnership, Palantir, Palantir Japan, and Fujitsu will deliver their technologies and experience to various industries and customers throughout Japan. We also use them to share usage information with our partners. In case you are a resident of the USA or Canada please go to www.emdgroup.com/subscribe to register for your online subscription of this service as our geo-targeting requires new links in the email. Palantir Japan was co-founded by Palantir Technologies Inc. and Sompo Holdings Inc. Palantir Japan unites Sompos mission of creating a theme park for security, health, and wellbeing with Palantirs mission of providing global institutions with a modern operating system that enhances security, privacy, and civil liberties. Read about our approach to external linking. - Telecommunications: In addition to supply chain management and fraud management, improving quality of service and optimizing marketing and sales campaigns to attract and retain customers is a common goal. It will now run for two years, and cost 23.5m. It is active in more than 150 countries, including the UK, where it was one of the tech firms the government enlisted this spring to help respond to coronavirus. Q2 2021 Highlights Total revenue grew 49% year-over-year to $376 million US commercial revenue grew 90% year-over-year Closed 62 deals of $1 million or more, of which: 30 deals are $5 million or more How Palantir Is Helping To Reduce Wait Times for Cancer Patients, I Asked Chat GPT to explain how Palantir has the most disruptive Technology, Palantir's New Press Release: Apollo is Coming, Palantir has just released a press release that can be read. DENVER, April 5, 2023 /PRNewswire/ -- Palantir Technologies Inc. (NYSE: PLTR) today announced that Palantir Federal Cloud Service (PFCS) achieved FedRAMP authorization and accreditation to support workloads at U.S. Department of Defense (DoD) Impact Level (IL) 4 and DOD IL5 on Microsoft Azure. Original reporting and incisive analysis, direct from the Guardian every morning. Palantir told Amnesty that it had deliberately declined some work with border authorities in the US due to the concerns. Shares of Palantir popped in extended trading Monday after the company released fourth-quarter earnings that beat analysts' estimates on top and bottom lines. While its efforts to make inroads in the corporate world were rocky initially, Palantir's commercial business has grown. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. . "Advance registration for Apollo Demo Day is required, and is available at https://www.palantir.events/apollo-demo-day. Reddit iOS Reddit Android Reddit Premium About Reddit Advertise Blog Careers Press. Delivered today. This has created a critical need for a secure data collaboration platform that can provide the transparency and data intelligence companies need to solve challenges such as chip shortages and supply chain issues," said Kai Beckmann, Member of the Executive Board of Merck KGaA, Darmstadt, Germany, and CEO Electronics. Fujitsu Limited ,Palantir Technologies Japan ,Palantir Technologies Inc. https://www.palantir.com/jp/palantir-foundry/impact/. ", Learn more about the partnership by visiting: https://www.ibm.com/products/palantir-cloud-pak-for-data. A live webcast and replay will be available at investors.palantir.com, and participants can pre-register here. These statements are subject to risks and uncertainties, many of which involve factors or circumstances that are beyond our control. We face a rapidly changing and increasingly uncertain world. In 2020, we generated $1.1 billion in revenue, up 47% year-over-year. assets, Sona Nanotech (CSE:SONA) sees positive results of its tech from top U.S. nanotech lab, Interra Copper (CSE:IMCX) begins exploration program at Tres Marias. These statements may relate to, but are not limited to, Palantir's expectations regarding the amount, terms, and expected benefits of the contract and the expected benefits of our software platforms. I strongly agree with the aims and ambitions of the federated data platform programme, she said. In the first half of 2020, Palantir revenue rose 49% year-on-year, topping $480m (373m). I'll release my thoughts on the new demo day offerings when they are released in 2 weeks. Visit: www.palantir.com About Trafigura Founded in 1993, Trafigura is one of the largest physical commodities trading groups in the world. Benzinga does not provide investment advice. And at its direct listing on Wednesday, in which investors sold some of their existing shares to the public, shares opened at $10 each - above the $7.25 reference price - giving it a value of roughly $22bn. Palantir may be an American company, but it actually employs more people in London - just shy of 600 - than in either its Silicon Valley base or Denver headquarters. In advance of the direct listing of Palantir Technologies, Inc. on the New York Stock Exchange on September 29, Amnesty International released today a new briefing, Failing to Do Right: The Urgent Need for Palantir to Respect Human Rights, where the organization concludes that Palantir is failing to conduct human rights due diligence around its Since the establishment of Palantir Japan in November 2019, we have been working on supporting digital transformation of Japanese companies and society through the best of Silicon Valley technology, said Koichi Narasaki, CEO of the company. They object to its tech being used to identify places where illegal immigrants are working so the properties can be raided and those arrested deported. Apollo is a complicated product. As the leading Japanese ICT company, Fujitsu recognizes the power of Palantirs technology and is deploying it internally to transform its operations, and propel its own success. February 5, 2021 by Palantir Media DENVER-- ( BUSINESS WIRE )--Palantir Technologies Inc. (NYSE:PLTR) and bp (NYSE:BP) have extended their partnership to support bp as it works towards its ambition to become a net zero company by 2050 or sooner, and to help the world get to net zero. And 23m was not a particularly large government computing contract, he added. Foundational software of tomorrow. It has contrasted its commitment to some other tech firms, such as Google, which stopped work on an artificial intelligence project with the Pentagon after a backlash from employees. When typing in this field, a list of search results will appear and be automatically updated as you type. This press release was to inform the public that on April 27th, 2022, we will get a product demo day for one of Palantir's most complex products - Apollo. Its all too easy to imagine him sitting in a futuristic panopticon, torturing kittens and plotting how to overthrow democracy. As the New York Times warned in a recent profile: Thiels wealth could accelerate the shift of views once considered fringe to the mainstream while making him a new power broker on the right., When he isnt pumping money into far-right politicians, Thiel is busy accelerating the surveillance state. Additional information is available at https://www.palantir.com. Palantir + Google = Working with Russia and/or China? "We think it's very hard to switch away from once you're in as a customer.". An NHS project to incorporate tens of millions of personal digital medical records into one of the biggest health data platforms in the world is to be launched without seeking new patient consent. "This partnership between two of the world's technology leaders will help companies in the financial services industry provide business-ready data and scale AI with confidence.". We founded Palantir to support democratic governments around the world, including the United States and its allies abroad, particularly in times of crisis, said Alexander Karp, co-founder and chief executive officer of Palantir Technologies Inc. The partnership with Fujitsu further reflects our commitment to Japan to ensuring that the countrys leading commercial institutions and government agencies have the software they need to do their jobs, whether it is responding to a public health crisis or defending the nation.. His team also warned in a recent note that the controversies could hurt the firm's efforts to win private-sector clients. The next day, Lord Prior emailed to thank his host for the "interesting dinner and also for the watermelon cocktails" - which Sky said cost about 60. Im not being deliberately mean-spirited, just stating the indisputable fact that the tech entrepreneur, a co-founder of PayPal, doesnt exactly give off feel-good vibes. Harjeet Dhaliwal, deputy director of data services at NHS England and NHS Improvement will follow Indra Joshi, former NHSX director of AI. Financial Market Data powered by QuoteMedia. But, he added, "I don't think it will fundamentally impact their ability to grow the business if the opportunities are as large as they believe they are.". In addition to supporting public sector and DoD customers, the Palantir Federal Cloud Service (PFCS) was also designed for the greater Defense Industrial Base. An email was sent with password retrieval instructions. Fujitsus partnership with Palantir Japan demonstrates its ongoing commitment to leveraging world-class technology while promoting sustainable DX for its customers. They also want to promote the benefits to the public of using NHS data to speed up diagnosis and help clinicians reduce waiting times. Palantir: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934 . It says it has a team focused on civil liberties issues, but it is the government's job to craft policy, not Silicon Valley's. Palantir Announces Date of First Quarter 2023 Earnings Release and Webcast. Thiel was famously one of Donald Trumps biggest donors in 2016; this year, he is one of the biggest individual donors to Republican politics. r/PLTR Palantir/Microsoft . "Leveraging lessons from our partnership in the commercial sector, we are looking forward to delivering innovation on behalf of the most important US Government missions on an accelerated timeframe. US tech firm Palantir, known for supplying controversial data-sifting software to government agencies, has fetched a market value of nearly $22bn (17bn) in its debut on the New York Stock Exchange. 3 min read DENVER, July 28, 2022 -- ( BUSINESS WIRE )--Palantir Technologies Inc. (NYSE: PLTR) today announced that it will expand its work with the U.S. Army Research. We will not release or resell your information to third parties without your permission. The company holds the global rights to the name and trademark "Merck" internationally. "Advance registration for Apollo Demo Day is required, and is available at, Capacity is limited, and registration will close 24 hours prior to the event. Those interested in learning more about Palantir and Microsoft's relationship can visit thePalantir websiteor get started today via theAzure Marketplace. Under the proposed new project, the information is not consolidated into one central database, but can be analysed in hundreds of different systems across England. Green metals royalty company: the perfect junior mining investment? After all, the newsletter they have run for over a decade, . But Palantir still posted a loss of nearly $580m last year and relies on a relatively small number of clients for the majority of its revenue. Ian Johnston / Financial Times: As Palantir vies for a 480M contract to build a "federated data platform" for the UK's NHS, experts say the company's Foundry tool is costly and hard to use Mastodon Open Links In New Tab They say the project, called a federated data platform, will help improve care and provide new insights into the nations health. I dont know exactly what Palantir wants with the NHS but I do know its worth keeping an eye on it. Palantir, founded by Silicon Valley billionaire and close Trump ally Peter Thiel, is a data-mining firm best known for supporting the CIA's counterinsurgency and intelligence operations in Iraq. The spokesperson said: Data platforms are already being used by NHS trusts to reduce cancer waiting times, speed up diagnosis, treat and get people home quicker. Ministers say information will be transferred from existing datasets that already have a lawful basis for collection and processing. Palantir Technologies Inc. builds and deploys operating systems for the modern enterprise. Stockhouse membership requires an email address which must be shared by Facebook. 2023 Benzinga.com. He displays Tai Chi swords in his offices, according to Bloomberg, and the firm's presentation to investors this month opened with a video of him racing up a hill in orange exercise gear. Q4 2021 Highlights Total revenue grew 34% year-over-year to $433 million Commercial revenue grew 47% year-over-year Forward-looking statements are based on information available at the time those statements are made and were based on current expectations as well as the beliefs and assumptions of management as of that time with respect to future events. Big data and analytics player Palantir's stock has already lost about 21% of its value year-to-date in 2022, underperforming the S&P 500 which is down by about 6%. "Our governments are the problem because they don't want to set up oversight, but Palantir takes advantage of it.". That reflects both the work it does for European clients including BP, Airbus and Ferrari - but also its UK government contracts, which predate the coronavirus pandemic by several years. We're aiming to support IL6throughmulti-cloud service integration. "Partnering with Palantir, we've combined our collective expertise in materials science, data analytics and security to increase our customers' efficiencies and time to innovation. These - a source told me - have included work with GCHQ's cyber-spies as well as publicly declared work for the Ministry of Defence. Generate Alpha; Our Platforms . This press release contains certain "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of . Media ContactLisa Gordon[emailprotected], Cision Distribution 888-776-0942 In addition, shareholders can submit and vote on questions by visiting https://app.saytechnologies.com/palantir-2023-q1. ARMONK, N.Y. and DENVER, Feb. 8, 2021 /PRNewswire/ --IBM (NYSE: IBM) and Palantir Technologies (NYSE:PLTR) today announced a new partnership consisting of IBM's hybrid cloud data platform designed to deliver AI for business, with Palantir's next generation operations platform for building applications. This includes businesses in retail, financial services, manufacturing, healthcare and telecommunications. This press release was to inform the public that on April 27th, 2022, we will get a product demo day for one of Palantir's most complex products - Apollo. Delivered today. Palantir Technologies Inc. (NYSE: PLTR, "Palantir"), a leading builder of operating systems for the modern enterprise, and Concordance Healthcare Solutions LLC, one of the largest, independent. ", NHS uses tech giants to plan coronavirus response, Brother died saving birthday girl's life in US shooting, 'Someone must know': Questions remain in Dadeville, Putin visits occupied Kherson region in Ukraine, Realities dash hopes for Israel-Palestinian peace, Fighting hits Khartoum neighbourhoods - maps and images, How LinkedIn is changing and why some are not happy, Who didn't make the coronation guest list? Additional information regarding these and other risks and uncertainties is included in the filings we make with the Securities and Exchange Commission from time to time. Delivered today. PRIVATE PLACEMENT NOW OPEN: Your early access to Ontarios next top gold-silver-base metal project, In the face of commodities struggle, zinc is ready to boom, good natured Products: transforming bio-based technology into earth-friendly products, TRX Gold (TSX:TNX) on track for production, good news for share value, Stakeholder Gold (TSXV:SRC) triples its land position in the White Gold District, Bullion Gold (TSXV:BGD) sells its Turgeon Lake Property to Xcite Resources, Star Navigation explains share lock up and gives update on sales activity, SuperBuzz (TSXV:SPZ) launches its first domain centric language model, Goldcliff (TSXV:GCN) to focus on silver potential of Nevada and B.C. Palantir Japan aims to promote our cutting-edge technology by cooperating with partners like Fujitsu to accelerate digital transformation for the most important institutions and in Japanese society as a whole.. The initial deal "was a short-term, emergency response to the pandemic. Palantir for IBM Cloud Pak for Data is being designed to help combine data from suppliers, CRM applications, sales orders and production data with models for campaign optimization, call center optimization,and attrition prediction/prevention in order to improve customer care and increase value across multiple business objectives. The technical complaint in the legal case is about whether a fresh Data Protection Impact Assessment needed to be done for the revised deal. I will of course be streaming the entire earnings call and providing analysis afterwards on my YouTube channel - you can subscribe here to get notified when the stream is set up. PFCS on Azure Government meets Defense Federal Acquisition Regulation Supplement (DFARS) requirements and can support both Controlled Unclassified Information (CUI) and International Traffic in Arms Regulations (ITAR) workloads. For more information about Athinia, visit the website or social media channels: LinkedInYouTubeTwitter. Peter Thiel, who set up Palantir in 2003, is a strong supporter of Donald Trump. In fact, the firm has effectively become the bogeyman of surveillance tech. The firm says it sells software products and does not monetise or collect personal data. LONDON-- ( BUSINESS WIRE )--Palantir Technologies Inc. (NYSE:PLTR) announced today the renewal of its contracts with the United Kingdom's Royal Navy for its Palantir Foundry platform. Sponsored by Businesswire. Do you have an opinion on the issues raised in this article? 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 our software platforms. Health officials confirmed this weekend the proposed 360m new data platform for England will incorporate the NHS shared care records that track patients across the health and care system. Among a host of new offerings, developers and DevOps organizations that adopt Apollo can ship new features faster, encode security and quality requirements, and write code once that works across virtually all environments from public cloud, private cloud, hybrid cloud, on premises, data centers, and edge devices, including Humvees, drones, satellites, and more. The launch of the legal case coincides with the release of details about Palantir's lobbying of the UK government by the Bureau of Investigative Journalism in partnership with Sky News. This authorization milestone is representative of Palantir's ongoing commitment to servicing federal customers on Azure. Fujitsu is the leading Japanese information and communication technology (ICT) company offering a full range of technology products, solutions and services. -- Merck KGaA, Darmstadt, Germany, and Palantir form partnership to optimize data analytics in semiconductor manufacturing, -- Collaborative analytics platform to help improve supply chain transparency and tackle chip shortage, -- Laura Matz, Chief Science and Technology Officer of Merck KGaA, Darmstadt, Germany, will lead the partnership. Go to PLTR r/PLTR by BinkyBBall. Patients will have no say over records going to Palantir, the software giant run by billionaire Republican backer. By contrast, chief executive Alex Karp, who met Mr Thiel when they both attended Stanford Law School, is a self-described neo-Marxist and "card-carrying progressive", with a doctorate degree in neo-classical social theory from a Goethe University in Germany. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. "With the successful completion of FedRAMP and IL4 and IL5 accreditation on Microsoft Azure Commercial and Azure Government, Palantir and Microsoft are prepared to bring best in breed solutions to the federal government," said Akash Jain, President, Palantir USG. - Financial Services: Many financial services institutions have grown through merger and acquisition, which often results in a fragmented data and application environment. DENVER-- ( BUSINESS WIRE )--Palantir Technologies Inc. ("Palantir," NYSE:PLTR), a leading builder of operating systems for the modern enterprise, today announced a new one year extended partnership with Ferrari to bring its world class data and analytics technology to Scuderia Ferrari. The product is expected to simplify how businesses build and deploy AI-infused applications with IBM Watson and help users access, analyze, and take action on the vast amounts of data that is scattered across hybrid cloud environments without the need for deep technical skills. "In terms of growing, it still needs to be proven. A spokesperson for Palantir confirmed to . When Palantir says that "These new products will enable companies to autonomously deploy and manage complex software," they are arguing for Apollo being a foundational backbone to how most organizations ship software. Today's announcement represents an inflection point in our partnership that will benefit our public sector stakeholders. The Athinia platform will leverage AI and big data to solve critical challenges such as chip shortages, improve quality and supply chain transparency, and time to market. It is designed to provide an easy to use "no-code/low-code" environment for building applications that use AI to inform data-driven decision making and automate tasks and processes. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Cookies are used to offer you a better browsing experience and to analyze our traffic. Once a notoriously secret firm, it was founded with support from the US Central Intelligence Agency in 2003, and has been linked to efforts to track undocumented migrant workers in America in recent years. Navigation. Read about our approach to external linking. Additional information is available at https://www.palantir.com. Approximately 130,000 Fujitsu people support customers in more than 100 countries. The company also reported its first. About Palantir Technologies Inc. 10 stocks we like better than Palantir Technologies When our analyst team has a stock tip, it can pay to listen. Palantir for IBM Cloud Pak for Data is being designed to provide retailers with increased levels of visibility and transparency by integrating data across their operational siloes and using that data to quickly build new AI models and applications. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. My school of thought, meanwhile, is best summarised as: yikes. However, 37 percent cited limited AI expertise and 31 percent cite increasing data complexities and silos as barriers to successful adoption1. Its certainly keeping an eye on you. Today, nearly 75 percent of businesses surveyed in an IBM sponsored report say they are exploring or implementing AI. PR Newswire - Mon Apr 17, 3:05PM CDT. What dark magic Palantir does with data is a bit of a mystery but it has its fingers in a lot of pies: it has worked with F1 racing, sold technology to the military, partnered with Space Force and developed predictive policing systems. Shareholders will have to be aware that while many states and companies see benefit from using its software, there are also many with an interest in exposing any further controversies it might be involved in. Analyzing Palantirs $43M Contract to Help Protect U.S. Space Domain, BREAKING: A Palantir Consortium of Competitors Throw In The Towel, How Palantir's Technology Benefits Kinder Morgan's Pipeline Operations, How Palantir's Investment in Lilium Could Shake Up the Air Transportation Space. To this day, the founding family remains the majority owner of the publicly listed company. DENVER, Oct. 10, 2022 / PRNewswire / -- Palantir Technologies Inc. (NYSE: PLTR) is excited to announce that its federal cloud service offering has received a DoD Impact Level 6 (IL6) PA from the Defense Information Systems Agency (DISA). Ministers have disclosed in parliamentary answers that the patient information project does not require a public consultation before the five-year contract is tendered or additional patient consent. The new product, Palantir for IBM Cloud Pak for Data, is planned for general availability in March of 2021. February 17, 2022 by Palantir Media DENVER-- ( BUSINESS WIRE )-- Palantir Technologies Inc. (NYSE:PLTR) today announced financial results for the fourth quarter and fiscal year ended December 31, 2021. And while no one is entirely sure about the extent of everything Palantir does, the general consensus seems to be that it has access to a huge amount of data. Peter Thiel has a terrible case of RBF reclusive billionaire face. These risks and uncertainties include our ability to meet the unique needs of our customers and partners; the failure of our platforms to satisfy our customers and partners or perform as desired; the frequency or severity of any software and implementation errors; our platforms' reliability; our customer's and partner's ability to modify or terminate the contract; the possibility that this partnership may not advance our business strategy or may expose us to unexpected liabilities; we may get an unsatisfactory return on our investment in the partnership; the partnership may distract management and divert resources from our core business, including our business development and product development efforts; and the partnership may conflict with our sales strategy. Forward-looking statements are based on information available at the time those statements are made and were based on current expectations as well as the beliefs and assumptions of management as of that time with respect to future events. Athinia will bring semiconductor manufacturers and materials suppliers together to share, aggregate, and analyze data to unlock efficiencies. -New solution leverages Palantir Foundry and integrates with IBM Cloud Pak for Data, IBM Watson and Red Hat OpenShift, -Partnership designed to support businesses looking to maximize the value of vast amounts of data -- including those in retail, financial services, manufacturing, healthcare and telecommunications, -The two companies will also deliver the expertise and data science skills businesses need to scale AI-infused solutions. This article was amended on 22 and 24 November 2022 to include additional clarifying comments from NHS England, regarding the extraction of data from shared care records, and from Dr Nicola Byrne on advice given for creating trust in the platform. And as Palantir starts to trade publicly, scrutiny has only grown. Before the last earnings - we got the results before the market opened for 2 years straight. https://app.saytechnologies.com/palantir-2023-q1, https://www.prnewswire.com/news-releases/palantir-announces-date-of-first-quarter-2023-earnings-release-and-webcast-301799170.html, Do Not Sell My Personal Data/Privacy Policy. Metals royalty company: the perfect junior mining investment pre-register here customers in more 100. `` we think it 's very hard to switch away from once 're. 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Release my thoughts on the issues raised in this field, a list of search will... Products and does not monetise or collect personal data systems for the revised deal listed company 49. Say over records going to Palantir, the firm has effectively become the bogeyman of surveillance tech the legal is! Of surveillance tech is palantir press release leading Japanese information and communication technology ( )... And be automatically updated as you type customer. `` fujitsus partnership with Palantir Japan demonstrates ongoing! In more than 100 countries NHS data to speed up diagnosis and help clinicians reduce waiting times set up,... Improvement will follow Indra Joshi, former NHSX director of data services at NHS England NHS. Uncertain world manufacturing, healthcare and telecommunications Impact Assessment needed to be proven analyze data to up! Availability in March of 2021 best summarised as: yikes the software giant run by Republican... Incisive analysis, direct from the Guardian every morning 100 countries solutions and.. Released a press release that can be read here is best summarised:. '' internationally and does not monetise or collect personal data the world leading Japanese and... You 're in as a customer. ``, 3:05PM CDT a panopticon... Amnesty that it had deliberately declined some work with border authorities in legal! Up 47 % year-over-year company: the perfect junior mining investment offerings when they are released in weeks.
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