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Palantir Wins $100 Million US Contract for AI Targeting Tech [Yahoo! Finance]

Palantir Technologies Inc. Class A (PLTR) 
Company Research Source: Yahoo! Finance
Most Read from Bloomberg The platform, known as Maven Smart System, helps create a picture of the same battlefield on thousands of digital screens simultaneously. It draws on US intelligence data and uses computer-vision algorithms and AI-enabled software from other companies to help make sense of a situation and to find adversaries. The US military has used the system to help identify targets for air strikes in the Middle East this year, Bloomberg has reported. Shannon Clark, head of defense growth at Palantir, said the contract would extend access to Maven Smart System to all five US military services — the Army, Air Force, Marine Corps, Navy and Space Force — expanding the platform to tens of thousands more service members. Selected units in specific locations so far have had access to the system, she said. Palantir in May won a $480 million contract to extend Maven Smart System to combatant commands, which run military operations in specific locations. Maven, which relies Show less Read more
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