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2024-09-19 20:08:07
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Bullet points of Palantir Wins $100 Million US Contract for AI Targeting Tech

Bullet points of Palantir Wins $100 Million US Contract for AI Targeting Tech
- Palantir Technologies Inc. has won a $100 million contract to extend access to its digital warfare platform, Maven Smart System, to tens of thousands more US military personnel.
- The platform uses artificial intelligence and machine learning algorithms to help identify targets for air strikes.
- The US military has used the system to help identify targets for air strikes in the Middle East this year.
- The contract was announced by the Defense Department on Wednesday in a daily notice saying the Palo Alto, California-based company has been awarded a five-year contract to supply user licenses for its Maven Smart System AI tool along with related software support and hardware, with a top value of $99.8 million.
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