The Economist.
Hello and welcome to The Intelligence from The Economist.
I'm Jason Palmer.
And I'm Rosie Bloor.
Every weekday, we provide a fresh perspective on the events shaping your world.
Palantir is a company with a long pedigree of crunching data for big money clients,
including governments.
It's seized the era of AI and its valuation has gone on an almighty climb.
Our correspondent says, too far.
It's grossly overvalued.
And we really do live in a strange world.
On the one hand,
we're letting artificial intelligence choose our restaurants and write our school essays.
On the other, we're buying ever more items from the ark,
like photographic film, vinyl, and even print media.
But first...
Six months ago, Donald Trump and Narendra Modi shared a warm hug at the White House.
Now, India's Prime Minister stands humiliated.
After Trump doubled India's tariffs yesterday,
the duties on Indian imports to America stand at 50%, among the highest in the world.