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BackAlex Karp buys 15,000 hectares of land in Härjedalen for recreation - Palantir denies industrial plans
Alex Karp buys 15,000 hectares of land in Härjedalen for recreation - Palantir denies industrial plans
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Dagens Nyheter41 minutes agoBusiness2 min readView original

Alex Karp buys 15,000 hectares of land in Härjedalen for recreation - Palantir denies industrial plans

Quick Look

  • Alex Karp, CEO of Palantir, has bought approximately 15,000 hectares of land in Berg municipality in Härjedalen from SCA via the company Cladonia Skog AB for SEK 235 million.
  • The land is described as mountain land and impediment and is to be used for recreation and responsible forest management.
  • Palantir firmly denies rumors of data center or industrial use.

AI-generated summary

Why It Matters

Alex Karp is the CEO and co-founder of Palantir, a technology company that sells AI-based systems for data management. The company has been criticized for using its technology for mass surveillance, espionage and military purposes by clients such as the US immigration agency ICE and the Israeli Defense Forces. Karp is one of the world's richest people with a fortune of $20 billion according to Forbes.

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Several media have reported how Alex Karp, CEO of the AI ​​company Palantir, has bought around 15,000 hectares of land in the municipality of Berg in Härjedalen.

DN has seen documents that show that the forest company SCA has sold a number of forest properties to the newly formed company Cladonia Skog AB.

In total, it is about 15,000 hectares that stretch along the southern shore of Lake Storsjön and south to the mountain ridge Högrensvålvallen. According to the acquisition permit, the price for the land amounts to SEK 235 million. The chairman of the board of Cladonia Skog AB is Alex Karp, who is also the full owner of the company through two foreign companies.

The properties that Karp has acquired are described by SCA as consisting largely of mountain land and impediment, i.e. land that is too poor for forestry. In addition, there are areas of forest close to the mountains.

According to Robert Östholm, press manager at SCA, it is an area that is "suitable for recreation, skiing, hiking or the like".

Nikolaj Gammeltoft from Palantir states that this is exactly what Alex Karp intends to use the area for:

"The goal is to take care of this unique area through responsible forest management that takes plant and animal life into account," he writes in an email to DN.

Although Alex Karp now owns 100 percent of the land, the transfer has taken place between two companies, which is important for the county board to approve the application for the acquisition. The decision states that "The County Administrative Board assesses that the acquisition does not impair the possibility of residence and employment in the locality".

Concerns have been raised that the land would have been acquired for the purpose of establishing data centers or other large-scale high-tech industry. These rumors are categorically dismissed by Palantir:

"We really want to hammer home this point, that the speculation about industrial use of the land is unfounded and pure fantasy. This must be done with the greatest respect and love for the land and Swedish culture," writes Nikolaj Gammeltoft.

DN has spoken with those responsible for business at Berg municipality, who state that they have had no contact with representatives of the newly started Cladonia Skog AB, or with Palantir. Nor were local electricity companies aware of the deal between SCA and Cladonia when DN asked questions.

Alex Karp is one of the world's richest people. According to Forbes, his fortune amounts to 20 billion dollars, i.e. just under 200 billion kroner. Karp has made his fortune through the tech company Palantir, which he started together with, among others, Peter Thiel in 2003.

The company sells AI-based systems used to manage massive amounts of data and has been criticized for using its systems for mass surveillance, espionage and military purposes.

Among other things, Palantir's system has been used by the American immigration agency ICE. Among the customers is also the Israeli Defense Forces, which uses the advanced technology to identify targets in its warfare.

DN has previously written that many points to the fact that the Swedish Police Agency also uses software from Palantir.

In a high-profile interview with Business Insider from 2020, Alex Karp reflects on how Palantir's technology is significant in the fight against terrorism, but at the same time is being used to harm people – or worse:

- Our product is sometimes used to kill people, he says.

What to Watch

AI outlook — possibilities, not facts

  • Cladonia Skog AB will initiate measures for responsible forest management and create accessible recreation areas along Storsjön's southern shore.

    Likely · Within months

  • The municipality of Berg will seek a dialogue with Cladonia Skog AB regarding cooperation regarding local development and infrastructure.

    Possible · Within months

Open Questions

  • What concrete measures will be taken for responsible forest management in the area?
  • Will local residents or associations be given access to the land for recreation?
  • Are there any plans to develop infrastructure such as cabins or trails in the area?
  • How will the ownership affect the property tax and the municipality's revenue in the municipality of Berg?

Related Topics

This article was originally published by Dagens Nyheter.

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