Microsoft and Palantir Join Forces to Provide AI Services to US Government Agencies

Microsoft, Palantir team up to provide AI services to US defense, intelligence agencies

Palantir Technologies (NYSE:PLTR) and Microsoft (NASDAQ:MSFT) are collaborating to bring secure cloud, AI, and analytics capabilities to the U.S. defense and intelligence community. Under the agreement, the companies will integrate Microsoft's large language models, or LLMs, via cloud platform, Azure OpenAI service with Palantir's AI Platform, or AIP, in Microsoft's government and classified cloud environments. The integrated solution will include Microsoft's Azure cloud compute and LLMs, such as OpenAI's GPT-4, and others with Palantir's Foundry data integration and ontology capabilities, and AI platform. It will help operators safely build AI-driven operational workloads across defense and intelligence verticals, according to the companies. "Palantir AIP has pioneered the approach to operationalizing AI value - beyond chat -- across the enterprise. It's our mission to deliver this software advantage and we're thrilled to be the first industry partner to deploy Microsoft Azure OpenAI Service in classified environments," said Palantir's Chief Technology Officer Shyam Sankar, Palantir will deploy its suite of products - Foundry, Gotham, Apollo, and AIP - in Microsoft Azure Government and in the Azure Government Secret (DoD Impact Level 6) and Top Secret clouds. Palantir will also use Azure's OpenAI Service in Microsoft's Secret and Top Secret environments, the companies added. The two companies will provide the defense and intelligence agencies with bootcamp experiences to trial the technology. PLTR +1.63% to $26.75 premarket Aug. 8 MSFT +0.15% to $399.04 premarket More on Microsoft and Palantir Palantir: I Was Wrong And Now I'm A Bull Palantir Has The Most To Gain From AI Mania Microsoft Investors Should Focus On The Big Picture, And Ignore The Pimple On An Elephant Lumen lights up after landing massive deals to connect AI data centers Magnificent 7: how big tech stocks have moved since selloff sparked by recession fears

Microsoft and Palantir announce major AI deal with US military and intelligence agencies

Microsoft and Palantir are teaming up to improve AI, cloud and analytic capabilities for the US Defense and Intelligence Community. The project will seek to provide critical national security operations with a first-of-its-kind technology suite which combines Microsoft large-language-models via Azure OpenAI Service with Palantir's AI Platforms (AIP). The partnership will see both companies develop new AIPs designed to improve Defense and Intelligence, from contracting and logistics, to prioritization and action planning. As part of the project, Palantir will offer its Foundry, Gotham, Apollo and AIP products in Microsoft Azure Government and in the Azure Government Secret (DoD Impact Level 6) and Top Secret clouds. "Bringing Palantir and Microsoft capabilities to our national security apparatus is a step change in how we can support the defense and intelligence communities," noted Shyam Sankar, Chief Technology Officer at Palantir. "Palantir AIP has pioneered the approach to operationalizing AI value - beyond chat -- across the enterprise. It's our mission to deliver this software advantage and we're thrilled to be the first industry partner to deploy Microsoft Azure OpenAI Service in classified environments." Both organizations will also offer training bootcamps on the technologies for the Defense and Intelligence Community to trial. Microsoft Azure for IL5 environments will also host Palantir's Gotham, Foundry, AIP, Apollo and FedStart Mission Manager Platforms. "This expanded partnership between Microsoft and Palantir will help accelerate the safe, secure and responsible deployment of advanced AI capabilities for the U.S. government," added Deb Cupp, President of Microsoft Americas. "Palantir, a leader in delivering actionable insights to government, will now leverage the power of Microsoft's government and classified clouds and robust Azure OpenAI models to further develop AI innovations for national security missions."

Microsoft, Palantir Shares Rise As Tech Titans Ink Deal To Deploy AI Tools For US Government Agencies - Microsoft (NASDAQ:MSFT), Palantir Technologies (NYSE:PLTR)

Software behemoth Microsoft Corporation MSFT and big data specialist Palantir Technologies Inc. PLTR have unveiled an expanded partnership. The collaboration aims to deliver superior AI and analytics capabilities to the U.S. Defense and Intelligence Community. What Happened: The companies announced on Thursday a unique technology suite that will utilize Microsoft's large language models via Azure OpenAI Service within Palantir's AI Platforms in Microsoft's government and classified cloud environments. Palantir's product suite, including Foundry, Gotham, Apollo, and AIP, will be implemented in Microsoft Azure Government and the Azure Government Secret and Top Secret clouds. Palantir will also be among the early adopters of Azure's OpenAI Service in Microsoft's Secret and Top Secret environments. Shyam Sankar, Chief Technology Officer at Palantir, stated that the integration of Palantir and Microsoft capabilities into the national security system represents a significant change in supporting the defense and intelligence communities. Deb Cupp, President of Microsoft Americas, also noted that the expanded partnership will "accelerate the safe, secure and responsible deployment of advanced AI capabilities for the U.S. government." See Also: Jeff Bezos Once Said 'Life's Too Short To Hang Out With People Who Aren't Resourceful' -- Who Are The People That Helped The Amazon Founder Take Steps Toward Success The companies plan to offer boot camp experiences for the Defense and Intelligence Community to test the technology. The services' availability is contingent upon the completion of authorization and accreditation by the relevant government agencies. Why It Matters: This partnership follows Palantir's recent initiatives aimed at strengthening American industry and defense. Recently, Palantir introduced a new software platform, "Warp Speed," designed to revitalize American manufacturing. The platform was unveiled by Sankar, who highlighted the company's long-term investments in foundational technologies for enterprise AI during a second-quarter earnings call. Earlier in May, Palantir CEO Alex Karp emphasized the importance of bolstering defense technology, including software-defined weapons systems, to deter potential adversaries. He suggested that this approach could prevent a potential war with China. Price Action: On Thursday, at the time of writing, Palantir was trading 2.74% higher at $27.04 after closing at $26.32 on Wednesday while Microsoft was trading 0.19% higher at $399.20 after the previous day's close at $398.43, according to Benzinga Pro. Read Next: Palantir Reports 83% Surge In Commercial Customers In US Thanks To Boot Camps, Plans To Continue Leveraging The Program To Attract New Customers Photo by Spyro the Dragon on Shutterstock This story was generated using Benzinga Neuro and edited by Pooja Rajkumari Market News and Data brought to you by Benzinga APIs

Palantir to Deploy AI Products on Microsoft Azure for U.S. Government Agencies

(Reuters) - Palantir Technologies said on Thursday it will offer its products, including the Artificial Intelligence Platform (AIP) on Microsoft's cloud platforms, which cater to the U.S. government and federal agencies such as the Department of Defense. The data analytics company will deploy its products, including the "Gotham" software -- which assists in locating targets on battlefields -- on Microsoft's Azure Government and Azure Government Secret cloud platforms. Palantir will "be the first industry partner to deploy Microsoft Azure OpenAI Service in classified environments," CTO Shyam Sankar said in a statement. The Azure OpenAI service gives customers access to the Microsoft-backed AI startup's language models, such as GPT-4. Palantir's AIP, which helps test and debug code and evaluate AI-related scenarios, can be used across defense and intelligence verticals, the company said. However, the availability of these services is subject to authorization and accreditation by government agencies. Co-founded by billionaire Peter Thiel, a significant portion of Palantir's revenue comes from government clients, with the U.S. government accounting for more than 40% of Palantir's total revenue in the June quarter. The company's early financial backers included CIA's venture arm, In-Q-Tel. Palantir and Microsoft will run bootcamps to promote their new services for defense and intelligence communities. (Reporting by Arsheeya Bajwa in Bengaluru and Jeffrey Dastin in San Francisco; Editing by Tasim Zahid)

Palantir pact will allow Microsoft to increase the pace of AI implementation: Wedbush By Investing.com

A recent partnership between Palantir (NYSE:PLTR) and Microsoft (NASDAQ:MSFT) is poised to significantly accelerate the adoption of artificial intelligence (AI) within U.S. government agencies, according to a note from Wedbush analysts. The collaboration aims to develop an integrated technology suite that combines Palantir's AI-driven tools with Microsoft's secure cloud infrastructure, particularly for the Defense and Intelligence Community. Wedbush explains that the partnership will enable Palantir to launch its entire product portfolio, including Foundry, Gotham, Apollo, and its Artificial Intelligence Platform (AIP), onto Microsoft's government cloud products. Analysts add that this move is designed to facilitate the creation of AI tools tailored for government action plans and logistics, with agencies having the opportunity to trial these technologies through boot camp experiences. Moreover, Palantir will bring Azure's OpenAI Service into Microsoft's Secret and Top Secret environments, combining cloud computing with powerful language models to build AI-driven operational workloads across defense and intelligence sectors. Wedbush highlights that this "marquee deal" allows Microsoft to "increase the pace of AI implementation" within U.S. government agencies while Palantir accelerates the adoption of AIP in the federal sector. Analysts believe this partnership will serve as a "launching pad" for Palantir's AI technology to expand its reach within the Department of Defense (DOD) and the broader Beltway ecosystem over the next 12 to 18 months. As Palantir's federal cloud service gains authorization to deploy on Microsoft's Azure for impact level 5 and 6 environments, Wedbush expects this partnership to generate more durable revenue streams for Palantir, solidifying its role in supporting U.S. government AI initiatives. "With an enhanced product portfolio of advanced AI capabilities that will be safely, securely, and responsibly deployed for the US government, this was a major partnership deal to continue generating further momentum within the federal sector over the coming years with many government agencies seeking to integrate AI models to improve operational workloads," analysts wrote. Wedbush maintained its "Outperform" rating on Palantir, with a price target of $38.

Microsoft, Palantir Team Up to Sell AI to US Defense, Intelligence Agencies

Microsoft Corp. and Palantir Technologies Inc. are combining their government cloud-computing and artificial intelligence tools in a bid to sell software, including OpenAI's GPT-4, to US defense and intelligence agencies for top-secret tasks. As part of the agreement, Palantir will integrate its products with Microsoft's Azure cloud services for government customers, including tools meant for confidential use, and will adopt Microsoft's Azure OpenAI service inside these secretive clouds. The combination of products will let US defense workers handle tasks like logistics, contracting and action planning, the two companies said Thursday in a statement.

Palantir-Microsoft deal is 'launching pad' for AIP, Wedbush says (PLTR)

This week's announcement that Palantir (NYSE:PLTR) has signed a deal with Microsoft (NASDAQ:MSFT) to provide artificial intelligence services for the defense and intelligence communities is potentially "game changing" and likely to be a "launching pad" for Palantir's Artificial Intelligence Platform, Wedbush Securities said. "With this marquee deal solidified and MSFT leveraging PLTR for AI and LLM capabilities to the US government, the company can now increase the pace of AI implementation while PLTR continues to accelerate AIP adoption within the federal sector," analyst Dan Ives wrote in an investor note. "We believe this will be a launching pad for the PLTR AIP story to hit the DOD and broader Beltway ecosystem over the next 12 to 18 months." Ives maintained his Outperform rating and $38 price target on Palantir. Under the agreement, the companies will integrate Microsoft's large language models via Azure OpenAI service with Palantir's AI Platform in Microsoft's government and classified cloud environments. The offering will include Microsoft's Azure cloud compute and LLMs, such as OpenAI's GPT-4, with Palantir's Foundry data integration and ontology capabilities, and AI platform. It will help operators safely build AI-driven operational workloads across defense and intelligence verticals, according to the companies. While Palantir has been able to grow its federal business (along with its enterprise business), the deal is likely to add to its "momentum mojo" in the federal space for the next several years, Ives added. "With an enhanced product portfolio of advanced AI capabilities that will be safely, securely, and responsibly deployed for the US government, this was a major partnership deal to continue generating further momentum within the federal sector over the coming years with many government agencies seeking to integrate AI models to improve operational workloads," Ives said.