Palantir Stock Surges on Microsoft Partnership Bringing AI to US Government Agencies
PLTRPalantir Technologies(PLTR) Investopedia·2024-08-09 03:57

Key TakeawaysPalantir Technologies and Microsoft announced a partnership to provide the U.S. government with artificial intelligence (AI) and cloud capabilities.The companies said the U.S. defense and intelligence community will have access to Microsoft's cloud and AI offerings, including OpenAI's models, as well as Palantir's AI Platform.Shares of Palantir surged 10% in intraday trading Thursday following the news, while Microsoft shares were also higher. Palantir Technologies (PLTR) shares surged 10% in i ...