Why Palantir Stock Is Up Today
A partnership with an artificial intelligence (AI) titan has investors intrigued.
Overview
Shares of Palantir Technologies (NASDAQ: PLTR) gained on Monday after the data analytics leader announced a strategic collaboration with semiconductor colossus Nvidia (NASDAQ: NVDA).
Image source: The Motley Fool.
Palantir will help U.S. government agencies run Nvidia's Nemotron models in secure environments. The two tech giants will provide an "intelligent engine" to train, deploy, and improve these powerful artificial intelligence (AI) models while ensuring customers retain control of their data and intellectual property.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.