Neither. Palantir makes data management software, they've never been in the business of collecting or analysing data themselves at all. There's generally a fundamental misunderstanding online of what Palantir actually does.

This is rather naive. Palantir makes politics by creating and funding a SuperPAC to discredit a former employee who happens to support the RAISE act.

Leading the Future, a super PAC whose funders include the founders of companies like Palantir and OpenAI, is spending millions of dollars this election cycle, and a considerable amount of that money is going toward attack ads against Alex Bores – even though Bores himself used to work for Palantir.

https://youtu.be/znKb71kLG5c?si=5Q9B88bXaGCkgebN

They even have a political manifesto, a thing that a private company dedicated to data analytics, should definitely not have:

https://gizmodo.com/alex-karps-supervillain-manifesto-is-put...

Those are legitimate grievances as mentioned, what they are not is Palantir themselves collecting massive amounts of data, which is often what they're portrayed as doing and what the GP asked about.