Palantir co -founder and CEO Alex Karp
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A messy litigation Brew on the AI market that checks medical health insurance claims.
Palantir Technologies has sued Y Combinator-supported startup Guardian Ai and his founder-Die employees of their health department for the so-called “brazen” business secret before the US district court for the southern district of New York.
Palantir, the Tech giant of 198 billion US Start Guardian Ai, with AI to assist health service providers to combat insurance claims YCS summer 2024 class.
“Pillai and Jain have taken on Palantir’s work and applied to a startup incubator to commercialize these projects for their own financial profit – and did so while he was still busy and working on these projects at Palantir.” Trade publication Law 360 Previously covered The lawsuit that was submitted in early March.
“It’s pretty new and we are currently working on solving it with Palantir,” said Jain by e -mail when he was reached in his work account.
The health insurers are increasingly using AI to judge claims. The insurance of Unitedhealthcare triggers a national conversation after his CEO was fatally shot last 12 months. Recently, firms similar to demandable have began that began last October and tools similar to Fighthealdhinsurance.com to make use of AI to beat back against rejections.
While Palantir is best known for his defense work, it has a major health department. In an interview with Forbes In February, before the lawsuit was filed, Jeremy David, Palantir’s Co-Head of Healthcare, said that the healthcare system is about 15% of the corporate’s trade business. “Our focus is on finding the most important workflows that are broken,” he said.
“There is no confusing work by the accused for something other than a rip -off of Palantir.”
This department has created AI and data-controlled software with which health service providers might be paid for the services you will have provided. It uses AI to administer insurance refusal and reduce each degrees for unpaid invoices and administrative work in accordance with the lawsuit.
The former employees Pillai and Jain allegedly secured 500,000 US dollars from YC after which flew to San Francisco to incorporate their recent startup just a couple of days after leaving Palantir, the corporate said within the lawsuit. Palantir continued to assert that the 2 had used Guardian’s AI solution inside weeks after their resignation and that customers saved greater than $ 150,000. “There is no confusing work by the accused for something other than a rip -off of Palantir,” said the suit.
Palantir requests Treble damage substitute and lawyer fees for the alleged theft and said within the criticism that it also intends to start out arbitration against Jain and Pillai so as to climb down the compensation.
Palantir reported 2.9 billion US dollars in 2024, An increase of 29% in comparison with the previous 12 months and said when he reported from the 12 months that a turnover of greater than 3.7 billion US Forbes Estimates.
The company’s health department grew by 267%between 2020 and the primary half of 2022. In August 2024, Palantir Chief Technology Officer Shyam Sankar said in a single post on X Palantir’s software managed 21% of hospital beds within the USA and called it “one of our fastest growing areas”.
Neither Palantir nor his lawyer at Skadden Arps responded to e -mails that were on the lookout for a comment on the suit.
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