Palantir and HD Hyundai Sign Multi-Year Agreement Valued at Hundreds of Millions
Deep News
Jan 21
Palantir Technologies Inc. has entered into a significant new software agreement with South Korean shipbuilding giant HD Hyundai. Announced at the World Economic Forum in Davos, the multi-year pact is reportedly valued in the hundreds of millions of dollars, marking a major expansion of the collaboration between the two companies.
This new agreement builds upon a partnership that began in 2021. By leveraging Palantir's software, HD Hyundai has reported an approximate 30% increase in manufacturing speed for its shipbuilding operations, demonstrating significant results from the existing cooperation.
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