Posted 4/4/2024, 1:46:00 PM
Palantir and Oracle Team Up to Offer AI Tools on Cloud Platform
- Palantir and Oracle partner to offer AI software and services on Oracle's cloud platform
- Palantir will move its Foundry software to Oracle's cloud and make Gotham/AI platforms deployable on Oracle's distributed cloud
- Partnership aims to use generative AI to drive Palantir's commercial growth in sectors like healthcare and manufacturing
- Palantir showcased new AI Platform in March, gaining traction with commercial customers
- Palantir stock up 32% in 2023, though shares have retreated from March 7 highs