SOMPO completed the investment in Palantir in a $500m deal.

SOMPO, a Japanese insurance holdings company, completed the investment in Palantir Technologies, the Silicon Valley data company, in a $500m deal. “The current COVID-19 pandemic has caused significant changes in both the behaviors and values of our society. My confidence in the common vision shared by SOMPO and Palantir of ‘a better world and happiness for people’ has strengthened further. Regardless of coming from different countries and backgrounds, with a unified vision and common language of ‘Real Data’, we will strive to create an exciting, values-driven business model that no one else has yet accomplished,” Kengo Sakurada, SOMPO Group CEO, Director, President and Representative Executive Officer.