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Clarifai Partners With Palantir on its Data Management Platform

Sam Boughedda trader
Updated 14 Apr 2021

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AI lifecycle platform provider Clarifai said it has partnered with Palantir Inc (NYSE: PLTR) to deliver its Artificial Intelligence and Machine Learning algorithms on Palantir's data management platform.

The partnership will be part of the U.S. Army's Ground Station modernisation to support its Tactical Intelligence Targeting Access Node (TITAN) program.

Clarifai will support Palantir in the first phase of the initiative by providing object detection models to facilitate a ground station prototype solution.

Palantir’s share price is down 0.90% on Wednesday at $25.19 after Tuesday’s rally saw it gain over 8.9% and close at $25.42.

“The partnership will offer a ‘turnkey' solution that integrates data from various sources, including commercial and classified sources from space to ground sensors, “said Dr Matt Zeiler, Clarifai's CEO.

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Sam is a trader and lead stock market writer at AskTraders. After starting his career in the forex market, Sam now focuses on stocks, specifically consumer staples.Â