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Create Free AccountPalantir Technologies has announced a five-year renewal and expansion of its strategic partnership with automotive giant Stellantis. The collaboration, which originally began in 2016, is designed to accelerate Stellantis's digital transformation and industrial operations through advanced data analytics. Under the new agreement, Stellantis will broaden its implementation of the Palantir Foundry platform and begin deploying the Palantir Artificial Intelligence Platform (AIP). The partnership focuses on the secure industrialization of AI to optimize supply chains and manufacturing processes globally. This extension provides Palantir with stable long-term revenue while validating the enterprise demand for its latest AI software offerings. Investors view the deal as a significant milestone in Palantir's expansion within the global industrial and automotive sectors.