Palantir announces partnership with Databricks just ahead of AIPCon 6

Palantir (NASDAQ:PLTR) announced a new partnership with Databricks which is expected to accelerate the production of artificial intelligence applications.

The partnership is also expected to lower the technical and operational barriers to leveraging generative AI and efficiently deploy autonomous workflows into production.

“Operational integration of Palantir and Databricks reduces costs and complexity for our customers while providing a foundation to accelerate their operations into the age of AI,” said Ted Mabrey, Palantir’s Global Head of Commercial. “Palantir and Databricks are aligned to deliver on our customers’ mission-critical objectives, and this partnership has already proven to accelerate those outcomes.”

The announcement comes ahead of Palantir’s AIPCon 6, which will be livestreamed today starting at 12:40 p.m. ET. The event will feature new customer announcements and presentations of how clients are utilizing Palantir software to improve performance.

Palantir shares were down about 5% during early market action.