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Palantir leaps 15% after revealing partnership with IBM on artificial-intelligence applications
Ben WinckFeb 8, 2021, 22:22 IST
Arnd Wiegmann/Reuters
IBM.
artificial intelligence product meant to help businesses leverage large data sets.
Palantir has surged through the new year amid strong retail-investor demand and encouraging deal news.
Palantir ripped as much as 15% higher on Monday after the company unveiled a partnership with IBM on a business-focused artificial intelligence product.
The analytics giant plans to pair its app-building platform with IBM s cloud-data service to create an AI tool for businesses, according to a press release. The collaboration is expected to help businesses access and analyze swaths of cloud data without the need for deep technical know-how. The firms aim to roll out the product in March. ....

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