AI Juggernaut Palantir Bags 2 More Big Partnerships
The artifical intelligence company stock has started getting the attention of the investing world
Few companies in the artificial intelligence space have garnered more success and positive press this year than Palantir Technologies, Inc. (PLTR). They have continued to add to their accumulation of positive catalysts by the announcement of two new big partnerships with entities that will be utilizing their technology.
Founded in 2003, Palantir provides software platforms that provide big data analytics. This includes defense and intelligence capabilities, leading to them having ongoing contracts with the US military among others. They also work with the private sector as well, with their government work certainly boosting their reputation to prospective customers.
Most recently, two new significant collaborations have been announced for Palantir.
First, Starlab Space, a commercial space station builder confirmed a collaboration with the intent of utilizing Palantir AI capabilities in developing their space stations.
Chief Executive of Starlab Space, Tim Kopra, explained what he hopes the new affiliation will accomplish:
“Palantir’s advanced AI technologies will…