Palantir has been quietly assisting the Internal Revenue Service’s Criminal Investigations office to probe financial crimes across the U.S. for nearly a decade, according to a report by The Intercept.

The IRS has spent $130 million since 2018 on Palantir's data analysis software, designed to automate and modernize audits. This tool can process vast amounts of information, connecting records from multiple databases with ease – perfect for mapping out complex financial networks.

Palantir’s Lead and Case Analytics platform is being used by various federal agencies to aggregate and analyze diverse datasets. The software's prowess lies in finding connections between millions of records, making it a formidable ally in the fight against financial crimes.

The extent of Palantir's involvement was further highlighted when American Oversight sued the Trump administration for public records related to its use across numerous federal agencies, including the IRS. Despite this, the tech giant has yet to comment on these revelations.