Palantir and Lumen Technologies Forge $200M AI Partnership to Revolutionize Enterprise Data Processing

Palantir enters $200M partnership with telco Lumen for enterprise AI services | TechCrunch

Palantir said on Thursday it had struck a partnership with Lumen Technologies that will see the telecommunications company using the data management company's AI software to build capabilities to support enterprise AI services. The companies are calling the deal "a multi-year, multi-million-dollar strategic partnership," but Bloomberg reports, citing anonymous sources, that Lumen is going to invest more than $200 million in Palantir over several years. The agreement will see Lumen pairing Palantir's Foundry and Artificial Intelligence Platform (AIP) with its own edge computing, broadband infrastructure, and other digital services. The partnership comes as Lumen tries to transform itself from a traditional telecom provider into a more modern tech infrastructure play. The company in September said it was "collaborating" with Palantir to integrate the latter's Foundry and AI software and services into its operations, finance, and technology functions, "to transform its network and services with speed." While Lumen would not confirm the deal value, its spokesperson Joe Goode told TechCrunch in an email that the company's use of Palantir's tech was a "material contributor" to achieving $350 million in cost reductions in 2025. He added that what the companies learned during that collaboration informed their decision to take their partnership to the enterprise market. Lumen has committed to reducing expenses by $1 billion by 2027, and it says it's already ahead of plan. "Palantir demonstrated that its Foundry and AIP platforms could unlock Lumen's data faster and cheaper than traditional data-lake migrations, and together we're pursuing solutions to help large enterprises do the same," Goode said. For Palantir, this is the latest in a long string of deals for which it has partnered up with companies and government organizations of all stripes to sell its AI products and services. Including the Lumen deal, Palantir has struck 19 partnerships this year alone, across aviation, healthcare, telecom, contract management, data management, defense, and more sectors. "By bringing AI into real-world operations through a connected ecosystem, we're empowering businesses to reinvent how they operate, compete, and grow," Kate Johnson, CEO of Lumen Technologies, said in a statement. Palantir did not immediately respond to a request for comment.

Lumen and Palantir team up to accelerate enterprise AI adoption

Lumen has agreed to spend more than $200 million on Palantir software over a period of several years. The partnership will integrate Palantir's foundry and Artificial Intelligence platform with Lumen's connectivity fabric, a digital networking solution. Telecommunications firm Lumen Technologies and data analytics firm Palantir Technologies announced a multi-year partnership on Thursday, aiming to help businesses deploy artificial intelligence more quickly and securely. Lumen has agreed to spend more than $200 million on Palantir software over a period of several years, Bloomberg News reported on Thursday, citing people familiar with the matter. The companies did not share financial details of the deal and did not immediately respond to Reuters requests for comment. The partnership will integrate Palantir's foundry and Artificial Intelligence platform with Lumen's connectivity fabric, a digital networking solution The partnership will integrate Palantir's foundry and Artificial Intelligence platform with Lumen's connectivity fabric, a digital networking solution, aiming to bridge the gap between advanced AI capabilities and high-performance network infrastructure required for enterprise AI transformation, they said.

Alex Karp Says New Lumen Deal Can Make AI Data '200x Faster,' 'Incrementally Cheaper:' 'The Holy Grail For Businesses' - Palantir Technologies (NASDAQ:PLTR)

Palantir Technologies Inc. (NASDAQ:PLTR) and Lumen Technologies Inc. (NYSE:LUMN) have announced a "formative" multi-million dollar partnership to embed PLTR's Artificial Intelligence Platform (AIP) into Lumen's network infrastructure, a move executives say will unclog America's "data super highways" and accelerate AI adoption for businesses. Check out PLTR and LUMN's price action. Partnership Could Make AI Data Processing '200x Faster' In a FOX Business interview, Palantir CEO Alex Karp and Lumen CEO Kate Johnson described the deal as essential for modernizing U.S. infrastructure to handle the massive burden of AI. Karp explained the partnership could transform fixed assets into modern infrastructure capable of processing data "200x faster" and "incrementally cheaper." Lumen CEO Kate Johnson called the combined offering "the holy grail for businesses." Karp Declines To Comment On The Deal Cost "It's all about real-time intelligence," Johnson said. "You need to be able to move huge amounts of data... and that's what Lumen does. And you need... to be able to make sense of it, and that's the AI platform that Palantir has." While Karp declined to confirm the deal's reported $200 million price tag, he called it a "very large deal" and "formative for us." See Also: Palantir Brings AIP To Lumen's Network Fabric In AI Push Lumen Using Palantir For $1 Billion Cost-Cutting Goal Before offering the solution to customers, Lumen is serving as "customer zero," using Palantir's platform to overhaul its own operations. Johnson said Palantir's software is helping Lumen "set that data free" from thousands of internal applications to achieve two goals: "take a bunch of cost out of our business" and "accelerate our transformation." Johnson confirmed she is "on our way" to a public commitment of taking $1 billion in costs out of Lumen, with Palantir as an "instrumental part" of that effort. Deal To Promote Competitiveness And National Security Both CEOs framed the partnership as critical for U.S. competitiveness and national security. Johnson noted a "pretty big gap between what's needed to thrive in the AI economy and what we have today," while Karp warned that older telco infrastructures "really can't support the burden that AI places on the network." Karp, who has long warned of an AI arms race, stated the urgency is non-negotiable. "We're in an arms race here... We're going to have AI and determine the rules or our adversaries will have it and they determine the rules," he said. PLTR And LUMN Outperform In 2025 PLTR shares rose 1.81% in premarket on Monday. It was up 310.56% over the year and 145.55% on a year-to-date basis, outperforming the S&P 500's 15.73% YTD gains. It maintained a stronger price trend over the short, medium, and long terms, with a poor value ranking, as per Benzinga's Edge Stock Rankings. Additional performance details are available here. LUMN shares rose 2.84% in premarket on Monday. It was up 26.21% over the year and 44.21% on a year-to-date basis, outperforming the S&P 500's 15.73% YTD gains. Benzinga's Edge Stock Rankings indicate that LUMN maintains a stronger price trend over the short, medium, and long terms, with a weak growth ranking. Additional performance details are available here. On Monday, the futures of the S&P 500, Dow Jones, and Nasdaq 100 indices were trading higher. Read Next: Alibaba Unveils New AI Chatbot For ChatGPT Like AI Push Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Photo courtesy: Shutterstock PLTRPalantir Technologies Inc$188.882.30%OverviewLUMNLumen Technologies Inc$8.424.08%Market News and Data brought to you by Benzinga APIs

Palantir Brings AIP To Lumen's Network Fabric In AI Push - Lumen Technologies (NYSE:LUMN), Palantir Technologies (NASDAQ:PLTR)

Lumen Technologies, Inc. (NYSE:LUMN) shares are trading higher on Thursday after it announced an AI partnership with Palantir Technologies Inc. (NASDAQ:PLTR). The collaboration aims to merge Palantir's advanced AI systems with Lumen's high-speed digital infrastructure to help companies move data faster and operationalize AI more securely. The partnership seeks to eliminate one of AI's barriers -- bridging intelligent platforms with high-performance network systems required for real-time processing. Also Read: Alibaba Unveils New AI Chatbot For ChatGPT Like AI Push Together, the companies intend to help businesses turn massive data volumes into actionable insights that enhance productivity and decision-making across multi-cloud environments. AI Meets Network Speed Under the partnership, Palantir will integrate its foundry and artificial intelligence platform (AIP) with Lumen's next-generation Connectivity Fabric. The unified platform provides enterprises with the computing power and network intelligence needed to deploy AI faster. It also reduces latency and simplifies data management across hybrid environments. The offering will allow customers to move and process information securely across hybrid and multi-cloud systems. "Palantir frees data, while Lumen moves it. Together, we're uniquely positioned to enable enterprises to unlock their AI ambitions with unprecedented scale and speed," said Kate Johnson, CEO of Lumen Technologies. She added that both companies share a disruptive mindset focused on reimagining industries through connected ecosystems. Palantir CEO Alex Karp said U.S. companies must unlock immediate value from AI, calling the partnership a step toward making them "AI winners." Accelerating Enterprise Transformation This partnership builds on an earlier collaboration announced in September, where Lumen began adopting Palantir Foundry and AIP internally to modernize its operations and enhance service delivery. The expanded relationship will now bring co-developed AI and networking solutions to enterprise customers globally. Lumen described the effort as part of its broader strategy to integrate digital platforms and network capabilities. Price Action: LUMN shares are trading higher by 4.33% to $7.34 at last check Thursday; PLTR shares are trading lower by 2.42% to $179.74. Read Next: Jim Cramer Says 'Sell Gold' -- Analyst Tavi Costa Disagrees, Citing Gold-To-Silver Ratio Image: Shutterstock LUMNLumen Technologies Inc$7.263.12%OverviewPLTRPalantir Technologies Inc$179.392.22%Market News and Data brought to you by Benzinga APIs

Lumen Technologies stock rises after strategic AI partnership with Palantir By Investing.com

Investing.com -- Lumen Technologies Inc (NYSE:LUMN) stock rose 3.7% in premarket trading Thursday after announcing a multi-year, multi-million-dollar strategic partnership with Palantir Technologies Inc (NYSE:PLTR) to help enterprises deploy AI faster and more securely. The partnership aims to combine Palantir's Foundry and Artificial Intelligence Platform with Lumen's Connectivity Fabric to bridge the gap between advanced intelligence and high-performance network infrastructure. This collaboration is expected to enable businesses across various industries to implement AI solutions more efficiently in complex, multi-cloud environments. "Palantir frees data, while Lumen moves it. Together, we're uniquely positioned to enable enterprises to unlock their AI ambitions with unprecedented scale and speed," said Kate Johnson, CEO of Lumen Technologies. The joint offering will allow organizations to move and manage data securely across multi-cloud and hybrid environments, enhance AI applications with reduced latency and cost, and deliver business transformation with built-in AI intelligence. This partnership is part of Lumen's connected ecosystem strategy that integrates its physical network and digital platforms with fast-growing technology companies. The two companies have already begun working together, with Lumen adopting Palantir's Foundry and AIP to streamline its own operations and accelerate modernization efforts. Palantir CEO Alex Karp noted, "American companies need to unlock immediate value from AI. We are proud to work with Lumen to enable the infrastructure and intelligence layers for our customers to become AI winners." This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.