Palantir Technologies, SNP Partner for AI-Driven SAP Data Management

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Palantir Technologies (PLTR) entered a strategic partnership with SNP to develop artificial intelligence applications for corporate digital updates and automated data management, SNP said Wednesday.

The joint project will design specialized software to optimize speed and efficiency during database transitions, the company said.

The first collaborative product automatically extracts relevant testing data to streamline manual migration workflows, SNP said.

Shares of Palantir were down over 3% in Wednesday premarket activity.

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