SHLD - What's Going On With Palantir & Oracle Shares After They Inked Partnership? | Benzinga
Palantir Technologies Inc. (NYSE:PLTR) shares are trading higher on Thursday.
The company inked a pact with Oracle Corporation (NYSE:ORCL) to provide secure cloud and AI solutions to power businesses and governments worldwide.
As part of the agreement, Palantir will move Foundry workloads to Oracle Cloud Infrastructure.
“Palantir and Oracle are both dedicated to defending western interests and institutions around the world,” said Josh Harris, executive vice president of Palantir.
Oracle’s distributed cloud and AI infrastructure, paired with Palantir’s top AI and decision acceleration platforms, aims to optimize data value, and competitive edge, according to a press ...