Palantir (PLTR, Financial) has teamed up with Databricks in a new partnership aimed at accelerating the development of artificial intelligence applications and making generative AI deployment more accessible.
The collaboration is designed to lower technical and operational barriers, enabling businesses to integrate autonomous workflows more efficiently. Ted Mabrey, Palantir's Global Head of Commercial, emphasized that the integration between Palantir and Databricks will reduce costs and complexity for customers while providing a stronger AI foundation.
“Palantir and Databricks are aligned to deliver on our customers' mission-critical objectives, and this partnership has already proven to accelerate those outcomes,” Mabrey said.
The announcement comes just ahead of AIPCon 6, Palantir's AI-focused conference, which will be livestreamed at 12:40 p.m. ET. The event is expected to showcase new customer partnerships and real-world use cases of Palantir's AI solutions.
Despite the news, Palantir shares were down over 4% in early market trading.