Palantir Secures Potential $250M Army Contract to Support AI/ML Development; Akash Jain Quoted
Palantir Technologies has booked a potential three-year, $250 million contract from the U.S. Army for artificial intelligence and machine learning-related work. Under the potential three-year award, Palantir will offer its services to the combatant commands, armed services, Intelligence Community and special forces to support their ongoing efforts to test, utilize and scale these technologies, the Denver, Colorado-based company announced on Tuesday.