FURCF - Palantir signs long-term strategic partnership with Faurecia for digital transformation

Palantir Technologies (PLTR) +3.8% premarket, has inked a six-year strategic partnership with Faurecia (FURCF) to enhance its digital transformation and ambition to be carbon neutral.Faurecia will use Palantir's Foundry software which will allow it to reduce raw material consumption, improve R&D competitiveness, secure purchasing excellence and track and measure overall CO2 neutrality efforts. “The partnership with Palantir will trigger a major new step in our digital transformation, allowing to robustly scale our digitalization actions. Developing and strengthening our large-scale data capture and analysis will further increase agility, enhance the use of artificial intelligence and increase decision support and automation in Faurecia,” said Grégoire Ferré, Cockpit of the Future and Digital Services Factory Senior Vice President.

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Palantir signs long-term strategic partnership with Faurecia for digital transformation