Palantir Sues Ex-Engineers for Alleged Trade Secret Theft
- Palantir Technologies has filed a lawsuit against two former senior engineers, Radha Jain and Joanna Cohen, for allegedly stealing trade secrets.
- The lawsuit claims the engineers used stolen documents to create Percepta, an AI startup that competes with Palantir.
- General Catalyst CEO Hemant Taneja admitted working on a business model similar to Palantir’s.
- Percepta’s team reportedly includes nearly half former Palantir employees.
Palantir alleges that the defendants sent themselves confidential files and used them to develop a competing company, potentially undermining Palantir’s market position by leveraging its proprietary research and strategies.
The lawsuit seeks to prevent further use of these trade secrets and extend non-compete agreements due to the alleged breach. (Source)
