Palantir (PLTR) and bp (BP) Agree to 5-Year Strategic Relationship With New AI Capabilities

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Palantir and bp Agree to 5-Year Strategic Relationship With New AI Capabilities

September 9, 2024 6:59 AM EDT

DENVER--(BUSINESS WIRE)-- Palantir Technologies Inc. (NYSE: PLTR) and bp (NYSE: BP) have announced an enterprise agreement that will extend their strategic relationship and introduce new artificial intelligence capabilities with Palantirs AIP software.

The new contract will build on a decade of deep collaboration that has created a firm foundation for bps oil and gas production operations, using Palantirs industry-leading software. Since 2014, Palantir software has been deployed widely by bp to support its oil and gas production operations, from offshore oil... More