The list was just to demonstrate the effects, yes it affects also Palantir. It would likely be very illegal to make legislation that affects only a selected few companies.

The EC insider sources told CNBC that the TSP could include a significant limitation for foreign cloud corporations when it comes to managing sensitive data.

To put it simply, US cloud giants such as Microsoft, Amazon, and Google could be restricted in their ability to process specific data types on behalf of public organizations, including financial, judicial, and health-related data.