Palantir Technologies (PLTR) is one of the most powerful AI companies on Wall Street, rising due to strong optimism around AI, national security, and government software. However, the company is also being challenged by public pension funds in 30 U.S. states, which own billions of Palantir shares. These funds are tied to a firm involved in several political disputes, including concerns about AI's potential use in the military, on the battlefield, for immigration enforcement, and spying on people at home. Critics argue that the public money Palanir obtains is going to a corporation connected to ICE activities, government monitoring, and contentious national security projects. As PalantIR rises, it becomes harder for big investors to stay away from the company.