Palantir Technologies Inc. (NASDAQ: PLTR) announced the renewal and expansion of its partnership with Stellantis for an additional five years. The collaboration, which began in 2016, will continue supporting the automotive manufacturer's data and artificial intelligence initiatives across its operations.

Under the renewed agreement, Stellantis will expand its use of Palantir Foundry and begin deploying the Palantir Artificial Intelligence Platform (AIP) in select business functions and regions. Foundry provides data management and operationalization capabilities, while AIP offers tools for integrating AI into existing workflows.

The partnership aims to help Stellantis consolidate fragmented datasets, improve transparency, and enable faster decision-making within its industrial operations. The integration builds on Stellantis' established data framework in Foundry by connecting generative AI capabilities to the company's internal data and business processes.

"We are proud to deepen our partnership with Stellantis and to support them as they define what the AI-powered industrial enterprise of tomorrow looks like," said François Bohuon, General Manager of Palantir France and EMEA Executive, and Grégoire Omont, Europe Operations Lead, in a joint statement.

The expanded partnership supports Stellantis' Data4All initiative by increasing teams' ability to access and explore data while maintaining governance and traceability standards. The collaboration represents a continuation of the eight-year relationship between the two companies in the data and AI space.