Palantir and Hyundai Heavy Industries Will Form Big Data Platform in $25 Million Deal

Bloomberg2022-01-05

Long-term deal positions Palantir to grow commercial businessAgreement with South Korean company valued at $25 millionPalantir Technologies Inc. plans to build a new big data platform in partnership ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（11）

SG 88
·2022-01-06
Being seen as PLTR venture out in creating other source of revenue into different region and sector form the management commitment towards future growth and sustainability.
Reply
Like
Report
Helmix
·2022-01-05
Good news but stock still go sideways. Whatis new?
Reply
1
Report
noob80
·2022-01-05
Pltr is immuned to good news. The stock price go side way for some time despite of so many positive news. I almost forgotten that i have a position. [LOL]
Reply
1
Report
sylarspock
·2022-01-05
Wow
Reply
2
Report
Panda King
·2022-01-05
Pltr is one very suppressed stock. Looking forward to Q4 earnings and see a good run to 25
Reply
2
Report
CWen
·2022-01-05
Good
Reply
4
Report
peppapig
·2022-01-05
Good to know
Reply
2
Report
Elex
·2022-01-05
Hehehehehe like 4 like
Reply
2
Report
Thomas9413
·2022-01-05
Great
Reply
4
Report
HermioneG
·2022-01-05
Awesome!
Reply
3
Report
Fold Replies
- Thomas9413:
  Ok
  2022-01-05
  Reply
  Report
- HermioneG:
  m
  2022-01-05
  Reply
  Report
Ahsiang
·2022-01-05
Like pls
Reply
4
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1164244946?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-01-05 13:34","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1164244946","market":"us","top_or_hot":-1,"title":"Palantir and Hyundai Heavy Industries Will Form Big Data Platform in $25 Million Deal","media":"Bloomberg","content":"<div>\n<p>Long-term deal positions Palantir to grow commercial businessAgreement with South Korean company valued at $25 millionPalantir Technologies Inc. plans to build a new big data platform in partnership ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-05/palantir-and-hyundai-heavy-industries-to-form-data-joint-venture?srnd=technology-vp\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palantir and Hyundai Heavy Industries Will Form Big Data Platform in $25 Million Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPalantir and Hyundai Heavy Industries Will Form Big Data Platform in $25 Million Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-05 13:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-05/palantir-and-hyundai-heavy-industries-to-form-data-joint-venture?srnd=technology-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Long-term deal positions Palantir to grow commercial businessAgreement with South Korean company valued at $25 millionPalantir Technologies Inc. plans to build a new big data platform in partnership ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-05/palantir-and-hyundai-heavy-industries-to-form-data-joint-venture?srnd=technology-vp\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PLTR","symbol_name":"Palantir Technologies Inc.","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2022-01-05/palantir-and-hyundai-heavy-industries-to-form-data-joint-venture?srnd=technology-vp","article_id":"1164244946","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1164244946","pubTimestamp":1641360844,"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"Long-term deal positions Palantir to grow commercial businessAgreement with South Korean company val","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"translate_title":"Palantir和现代重工将在2500万美元的交易中组建大数据平台","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PLTR":0.9},"content_text":"Long-term deal positions Palantir to grow commercial businessAgreement with South Korean company valued at $25 millionPalantir Technologies Inc. plans to build a new big data platform in partnership with South Korea’s Hyundai Heavy Industries Group. The move could position Palantir to boost its growing commercial business outside the U.S.Hyundai Heavy will use Palantir’s data analysis software to improve the way its affiliate groups operate in fields including shipbuilding, offshore engineering and energy and industrial machinery processes, the companies announced Tuesday at the CES trade show in Las Vegas. The multiyear deal is valued at more than $25 million, according to a person familiar with the arrangement who asked not to be identified discussing private information.Once the platform is built, the companies will create a joint venture to commercialize the new tools, a move that could help Palantir software gain traction with global industrial companies. Chief Operating Officer Shyam Sankar said the project represented a new model, allowing customers to only pay for what they use, and exercise more control over the process.Although Palantir raised its 2021 outlook, in its most recent earnigns report, the company produced slimmer-than-expected profit margins. It also failed to more quickly expand its client base from the U.S. government and its allies. Since the company announced its third-quarter results in November -- and disclosed more than a dozen new commercial clients that signed deals worth over $10 million -- its share price has fallen 25%.The Hyundai Heavy joint venture, like Palantir’s deal with International Business Machines Corp., expands Palantir’s sales team focused on commercial customers. The arrangement is not Palantir’s first push into South Korea -- it formed a strategic partnership with Doosan Infracore Co. two years before Hyundai acquired a stake in Doosan in 2021. The deal also fortifies Palantir’s connection to a key U.S. ally.In a statement, Palantir Chief Executive Officer Alex Karp praised Hyundai Heavy as a company whose “continued growth and success are critical to our collective welfare and security.”Since Karp, alongside Peter Thiel and others, co-founded Palantir in 2003 to serve U.S. defense needs, the company has grown to serve governments in the U.K., Australia and other allied countries.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9008870434,"gmtCreate":1641426428360,"gmtModify":1676533613241,"author":{"id":"4101532856378560","authorId":"4101532856378560","name":"SG 88","avatar":"https://static.tigerbbs.com/94bec1957162ce71366820223786c2fc","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4101532856378560","idStr":"4101532856378560"},"htmlText":"Being seen as PLTR venture out in creating other source of revenue into different region and sector form the management commitment towards future growth and sustainability.","listText":"Being seen as PLTR venture out in creating other source of revenue into different region and sector form the management commitment towards future growth and sustainability.","text":"Being seen as PLTR venture out in creating other source of revenue into different region and sector form the management commitment towards future growth and sustainability.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9008870434","repostId":1164244946,"repostType":2,"repost":{"id":"1164244946","pubTimestamp":1641360844,"share":"https://ttm.financial/m/news/1164244946?lang=&edition=fundamental","pubTime":"2022-01-05 13:34","market":"us","language":"en","title":"Palantir and Hyundai Heavy Industries Will Form Big Data Platform in $25 Million Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=1164244946","media":"Bloomberg","summary":"Long-term deal positions Palantir to grow commercial businessAgreement with South Korean company val","content":"<html><head></head><body><ul><li>Long-term deal positions Palantir to grow commercial business</li><li>Agreement with South Korean company valued at $25 million</li></ul><p>Palantir Technologies Inc. plans to build a new big data platform in partnership with South Korea’s Hyundai Heavy Industries Group. The move could position Palantir to boost its growing commercial business outside the U.S.</p><p>Hyundai Heavy will use Palantir’s data analysis software to improve the way its affiliate groups operate in fields including shipbuilding, offshore engineering and energy and industrial machinery processes, the companies announced Tuesday at the CES trade show in Las Vegas. The multiyear deal is valued at more than $25 million, according to a person familiar with the arrangement who asked not to be identified discussing private information.</p><p>Once the platform is built, the companies will create a joint venture to commercialize the new tools, a move that could help Palantir software gain traction with global industrial companies. Chief Operating Officer Shyam Sankar said the project represented a new model, allowing customers to only pay for what they use, and exercise more control over the process.</p><p>Although Palantir raised its 2021 outlook, in its most recent earnigns report, the company produced slimmer-than-expected profit margins. It also failed to more quickly expand its client base from the U.S. government and its allies. Since the company announced its third-quarter results in November -- and disclosed more than a dozen new commercial clients that signed deals worth over $10 million -- its share price has fallen 25%.</p><p>The Hyundai Heavy joint venture, like Palantir’s deal with International Business Machines Corp., expands Palantir’s sales team focused on commercial customers. The arrangement is not Palantir’s first push into South Korea -- it formed a strategic partnership with Doosan Infracore Co. two years before Hyundai acquired a stake in Doosan in 2021. The deal also fortifies Palantir’s connection to a key U.S. ally.</p><p>In a statement, Palantir Chief Executive Officer Alex Karp praised Hyundai Heavy as a company whose “continued growth and success are critical to our collective welfare and security.”</p><p>Since Karp, alongside Peter Thiel and others, co-founded Palantir in 2003 to serve U.S. defense needs, the company has grown to serve governments in the U.K., Australia and other allied countries. </p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palantir and Hyundai Heavy Industries Will Form Big Data Platform in $25 Million Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPalantir and Hyundai Heavy Industries Will Form Big Data Platform in $25 Million Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-05 13:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-05/palantir-and-hyundai-heavy-industries-to-form-data-joint-venture?srnd=technology-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Long-term deal positions Palantir to grow commercial businessAgreement with South Korean company valued at $25 millionPalantir Technologies Inc. plans to build a new big data platform in partnership ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-05/palantir-and-hyundai-heavy-industries-to-form-data-joint-venture?srnd=technology-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://www.bloomberg.com/news/articles/2022-01-05/palantir-and-hyundai-heavy-industries-to-form-data-joint-venture?srnd=technology-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164244946","content_text":"Long-term deal positions Palantir to grow commercial businessAgreement with South Korean company valued at $25 millionPalantir Technologies Inc. plans to build a new big data platform in partnership with South Korea’s Hyundai Heavy Industries Group. The move could position Palantir to boost its growing commercial business outside the U.S.Hyundai Heavy will use Palantir’s data analysis software to improve the way its affiliate groups operate in fields including shipbuilding, offshore engineering and energy and industrial machinery processes, the companies announced Tuesday at the CES trade show in Las Vegas. The multiyear deal is valued at more than $25 million, according to a person familiar with the arrangement who asked not to be identified discussing private information.Once the platform is built, the companies will create a joint venture to commercialize the new tools, a move that could help Palantir software gain traction with global industrial companies. Chief Operating Officer Shyam Sankar said the project represented a new model, allowing customers to only pay for what they use, and exercise more control over the process.Although Palantir raised its 2021 outlook, in its most recent earnigns report, the company produced slimmer-than-expected profit margins. It also failed to more quickly expand its client base from the U.S. government and its allies. Since the company announced its third-quarter results in November -- and disclosed more than a dozen new commercial clients that signed deals worth over $10 million -- its share price has fallen 25%.The Hyundai Heavy joint venture, like Palantir’s deal with International Business Machines Corp., expands Palantir’s sales team focused on commercial customers. The arrangement is not Palantir’s first push into South Korea -- it formed a strategic partnership with Doosan Infracore Co. two years before Hyundai acquired a stake in Doosan in 2021. The deal also fortifies Palantir’s connection to a key U.S. ally.In a statement, Palantir Chief Executive Officer Alex Karp praised Hyundai Heavy as a company whose “continued growth and success are critical to our collective welfare and security.”Since Karp, alongside Peter Thiel and others, co-founded Palantir in 2003 to serve U.S. defense needs, the company has grown to serve governments in the U.K., Australia and other allied countries.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9008809938,"gmtCreate":1641398009487,"gmtModify":1676533610632,"author":{"id":"3567569305700081","authorId":"3567569305700081","name":"Helmix","avatar":"https://static.itradeup.com/news/f67f5b1eccce9618b63dbee2d5f47d83","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3567569305700081","idStr":"3567569305700081"},"htmlText":"Good news but stock still go sideways. Whatis new?&nbsp;","listText":"Good news but stock still go sideways. Whatis new?&nbsp;","text":"Good news but stock still go sideways. Whatis new?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9008809938","repostId":1164244946,"repostType":2,"repost":{"id":"1164244946","pubTimestamp":1641360844,"share":"https://ttm.financial/m/news/1164244946?lang=&edition=fundamental","pubTime":"2022-01-05 13:34","market":"us","language":"en","title":"Palantir and Hyundai Heavy Industries Will Form Big Data Platform in $25 Million Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=1164244946","media":"Bloomberg","summary":"Long-term deal positions Palantir to grow commercial businessAgreement with South Korean company val","content":"<html><head></head><body><ul><li>Long-term deal positions Palantir to grow commercial business</li><li>Agreement with South Korean company valued at $25 million</li></ul><p>Palantir Technologies Inc. plans to build a new big data platform in partnership with South Korea’s Hyundai Heavy Industries Group. The move could position Palantir to boost its growing commercial business outside the U.S.</p><p>Hyundai Heavy will use Palantir’s data analysis software to improve the way its affiliate groups operate in fields including shipbuilding, offshore engineering and energy and industrial machinery processes, the companies announced Tuesday at the CES trade show in Las Vegas. The multiyear deal is valued at more than $25 million, according to a person familiar with the arrangement who asked not to be identified discussing private information.</p><p>Once the platform is built, the companies will create a joint venture to commercialize the new tools, a move that could help Palantir software gain traction with global industrial companies. Chief Operating Officer Shyam Sankar said the project represented a new model, allowing customers to only pay for what they use, and exercise more control over the process.</p><p>Although Palantir raised its 2021 outlook, in its most recent earnigns report, the company produced slimmer-than-expected profit margins. It also failed to more quickly expand its client base from the U.S. government and its allies. Since the company announced its third-quarter results in November -- and disclosed more than a dozen new commercial clients that signed deals worth over $10 million -- its share price has fallen 25%.</p><p>The Hyundai Heavy joint venture, like Palantir’s deal with International Business Machines Corp., expands Palantir’s sales team focused on commercial customers. The arrangement is not Palantir’s first push into South Korea -- it formed a strategic partnership with Doosan Infracore Co. two years before Hyundai acquired a stake in Doosan in 2021. The deal also fortifies Palantir’s connection to a key U.S. ally.</p><p>In a statement, Palantir Chief Executive Officer Alex Karp praised Hyundai Heavy as a company whose “continued growth and success are critical to our collective welfare and security.”</p><p>Since Karp, alongside Peter Thiel and others, co-founded Palantir in 2003 to serve U.S. defense needs, the company has grown to serve governments in the U.K., Australia and other allied countries. </p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palantir and Hyundai Heavy Industries Will Form Big Data Platform in $25 Million Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPalantir and Hyundai Heavy Industries Will Form Big Data Platform in $25 Million Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-05 13:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-05/palantir-and-hyundai-heavy-industries-to-form-data-joint-venture?srnd=technology-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Long-term deal positions Palantir to grow commercial businessAgreement with South Korean company valued at $25 millionPalantir Technologies Inc. plans to build a new big data platform in partnership ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-05/palantir-and-hyundai-heavy-industries-to-form-data-joint-venture?srnd=technology-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://www.bloomberg.com/news/articles/2022-01-05/palantir-and-hyundai-heavy-industries-to-form-data-joint-venture?srnd=technology-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164244946","content_text":"Long-term deal positions Palantir to grow commercial businessAgreement with South Korean company valued at $25 millionPalantir Technologies Inc. plans to build a new big data platform in partnership with South Korea’s Hyundai Heavy Industries Group. The move could position Palantir to boost its growing commercial business outside the U.S.Hyundai Heavy will use Palantir’s data analysis software to improve the way its affiliate groups operate in fields including shipbuilding, offshore engineering and energy and industrial machinery processes, the companies announced Tuesday at the CES trade show in Las Vegas. The multiyear deal is valued at more than $25 million, according to a person familiar with the arrangement who asked not to be identified discussing private information.Once the platform is built, the companies will create a joint venture to commercialize the new tools, a move that could help Palantir software gain traction with global industrial companies. Chief Operating Officer Shyam Sankar said the project represented a new model, allowing customers to only pay for what they use, and exercise more control over the process.Although Palantir raised its 2021 outlook, in its most recent earnigns report, the company produced slimmer-than-expected profit margins. It also failed to more quickly expand its client base from the U.S. government and its allies. Since the company announced its third-quarter results in November -- and disclosed more than a dozen new commercial clients that signed deals worth over $10 million -- its share price has fallen 25%.The Hyundai Heavy joint venture, like Palantir’s deal with International Business Machines Corp., expands Palantir’s sales team focused on commercial customers. The arrangement is not Palantir’s first push into South Korea -- it formed a strategic partnership with Doosan Infracore Co. two years before Hyundai acquired a stake in Doosan in 2021. The deal also fortifies Palantir’s connection to a key U.S. ally.In a statement, Palantir Chief Executive Officer Alex Karp praised Hyundai Heavy as a company whose “continued growth and success are critical to our collective welfare and security.”Since Karp, alongside Peter Thiel and others, co-founded Palantir in 2003 to serve U.S. defense needs, the company has grown to serve governments in the U.K., Australia and other allied countries.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9008800766,"gmtCreate":1641397995283,"gmtModify":1676533610624,"author":{"id":"4098683065538270","authorId":"4098683065538270","name":"noob80","avatar":"https://static.tigerbbs.com/b0612fb30d73184ddc36b7991090ce2d","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"4098683065538270","idStr":"4098683065538270"},"htmlText":"Pltr is immuned to good news. The stock price go side way for some time despite of so many positive news. I almost forgotten that i have a position.&nbsp;[LOL]&nbsp;","listText":"Pltr is immuned to good news. The stock price go side way for some time despite of so many positive news. I almost forgotten that i have a position.&nbsp;[LOL]&nbsp;","text":"Pltr is immuned to good news. The stock price go side way for some time despite of so many positive news. I almost forgotten that i have a position. [LOL]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9008800766","repostId":1164244946,"repostType":2,"repost":{"id":"1164244946","pubTimestamp":1641360844,"share":"https://ttm.financial/m/news/1164244946?lang=&edition=fundamental","pubTime":"2022-01-05 13:34","market":"us","language":"en","title":"Palantir and Hyundai Heavy Industries Will Form Big Data Platform in $25 Million Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=1164244946","media":"Bloomberg","summary":"Long-term deal positions Palantir to grow commercial businessAgreement with South Korean company val","content":"<html><head></head><body><ul><li>Long-term deal positions Palantir to grow commercial business</li><li>Agreement with South Korean company valued at $25 million</li></ul><p>Palantir Technologies Inc. plans to build a new big data platform in partnership with South Korea’s Hyundai Heavy Industries Group. The move could position Palantir to boost its growing commercial business outside the U.S.</p><p>Hyundai Heavy will use Palantir’s data analysis software to improve the way its affiliate groups operate in fields including shipbuilding, offshore engineering and energy and industrial machinery processes, the companies announced Tuesday at the CES trade show in Las Vegas. The multiyear deal is valued at more than $25 million, according to a person familiar with the arrangement who asked not to be identified discussing private information.</p><p>Once the platform is built, the companies will create a joint venture to commercialize the new tools, a move that could help Palantir software gain traction with global industrial companies. Chief Operating Officer Shyam Sankar said the project represented a new model, allowing customers to only pay for what they use, and exercise more control over the process.</p><p>Although Palantir raised its 2021 outlook, in its most recent earnigns report, the company produced slimmer-than-expected profit margins. It also failed to more quickly expand its client base from the U.S. government and its allies. Since the company announced its third-quarter results in November -- and disclosed more than a dozen new commercial clients that signed deals worth over $10 million -- its share price has fallen 25%.</p><p>The Hyundai Heavy joint venture, like Palantir’s deal with International Business Machines Corp., expands Palantir’s sales team focused on commercial customers. The arrangement is not Palantir’s first push into South Korea -- it formed a strategic partnership with Doosan Infracore Co. two years before Hyundai acquired a stake in Doosan in 2021. The deal also fortifies Palantir’s connection to a key U.S. ally.</p><p>In a statement, Palantir Chief Executive Officer Alex Karp praised Hyundai Heavy as a company whose “continued growth and success are critical to our collective welfare and security.”</p><p>Since Karp, alongside Peter Thiel and others, co-founded Palantir in 2003 to serve U.S. defense needs, the company has grown to serve governments in the U.K., Australia and other allied countries. </p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palantir and Hyundai Heavy Industries Will Form Big Data Platform in $25 Million Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPalantir and Hyundai Heavy Industries Will Form Big Data Platform in $25 Million Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-05 13:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-05/palantir-and-hyundai-heavy-industries-to-form-data-joint-venture?srnd=technology-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Long-term deal positions Palantir to grow commercial businessAgreement with South Korean company valued at $25 millionPalantir Technologies Inc. plans to build a new big data platform in partnership ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-05/palantir-and-hyundai-heavy-industries-to-form-data-joint-venture?srnd=technology-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://www.bloomberg.com/news/articles/2022-01-05/palantir-and-hyundai-heavy-industries-to-form-data-joint-venture?srnd=technology-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164244946","content_text":"Long-term deal positions Palantir to grow commercial businessAgreement with South Korean company valued at $25 millionPalantir Technologies Inc. plans to build a new big data platform in partnership with South Korea’s Hyundai Heavy Industries Group. The move could position Palantir to boost its growing commercial business outside the U.S.Hyundai Heavy will use Palantir’s data analysis software to improve the way its affiliate groups operate in fields including shipbuilding, offshore engineering and energy and industrial machinery processes, the companies announced Tuesday at the CES trade show in Las Vegas. The multiyear deal is valued at more than $25 million, according to a person familiar with the arrangement who asked not to be identified discussing private information.Once the platform is built, the companies will create a joint venture to commercialize the new tools, a move that could help Palantir software gain traction with global industrial companies. Chief Operating Officer Shyam Sankar said the project represented a new model, allowing customers to only pay for what they use, and exercise more control over the process.Although Palantir raised its 2021 outlook, in its most recent earnigns report, the company produced slimmer-than-expected profit margins. It also failed to more quickly expand its client base from the U.S. government and its allies. Since the company announced its third-quarter results in November -- and disclosed more than a dozen new commercial clients that signed deals worth over $10 million -- its share price has fallen 25%.The Hyundai Heavy joint venture, like Palantir’s deal with International Business Machines Corp., expands Palantir’s sales team focused on commercial customers. The arrangement is not Palantir’s first push into South Korea -- it formed a strategic partnership with Doosan Infracore Co. two years before Hyundai acquired a stake in Doosan in 2021. The deal also fortifies Palantir’s connection to a key U.S. ally.In a statement, Palantir Chief Executive Officer Alex Karp praised Hyundai Heavy as a company whose “continued growth and success are critical to our collective welfare and security.”Since Karp, alongside Peter Thiel and others, co-founded Palantir in 2003 to serve U.S. defense needs, the company has grown to serve governments in the U.K., Australia and other allied countries.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9008103692,"gmtCreate":1641377232446,"gmtModify":1676533607694,"author":{"id":"3582677817626222","authorId":"3582677817626222","name":"sylarspock","avatar":"https://static.tigerbbs.com/af2ee7f5466dab8465d661a72c047672","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3582677817626222","idStr":"3582677817626222"},"htmlText":"Wow&nbsp;","listText":"Wow&nbsp;","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9008103692","repostId":1164244946,"repostType":4,"repost":{"id":"1164244946","pubTimestamp":1641360844,"share":"https://ttm.financial/m/news/1164244946?lang=&edition=fundamental","pubTime":"2022-01-05 13:34","market":"us","language":"en","title":"Palantir and Hyundai Heavy Industries Will Form Big Data Platform in $25 Million Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=1164244946","media":"Bloomberg","summary":"Long-term deal positions Palantir to grow commercial businessAgreement with South Korean company val","content":"<html><head></head><body><ul><li>Long-term deal positions Palantir to grow commercial business</li><li>Agreement with South Korean company valued at $25 million</li></ul><p>Palantir Technologies Inc. plans to build a new big data platform in partnership with South Korea’s Hyundai Heavy Industries Group. The move could position Palantir to boost its growing commercial business outside the U.S.</p><p>Hyundai Heavy will use Palantir’s data analysis software to improve the way its affiliate groups operate in fields including shipbuilding, offshore engineering and energy and industrial machinery processes, the companies announced Tuesday at the CES trade show in Las Vegas. The multiyear deal is valued at more than $25 million, according to a person familiar with the arrangement who asked not to be identified discussing private information.</p><p>Once the platform is built, the companies will create a joint venture to commercialize the new tools, a move that could help Palantir software gain traction with global industrial companies. Chief Operating Officer Shyam Sankar said the project represented a new model, allowing customers to only pay for what they use, and exercise more control over the process.</p><p>Although Palantir raised its 2021 outlook, in its most recent earnigns report, the company produced slimmer-than-expected profit margins. It also failed to more quickly expand its client base from the U.S. government and its allies. Since the company announced its third-quarter results in November -- and disclosed more than a dozen new commercial clients that signed deals worth over $10 million -- its share price has fallen 25%.</p><p>The Hyundai Heavy joint venture, like Palantir’s deal with International Business Machines Corp., expands Palantir’s sales team focused on commercial customers. The arrangement is not Palantir’s first push into South Korea -- it formed a strategic partnership with Doosan Infracore Co. two years before Hyundai acquired a stake in Doosan in 2021. The deal also fortifies Palantir’s connection to a key U.S. ally.</p><p>In a statement, Palantir Chief Executive Officer Alex Karp praised Hyundai Heavy as a company whose “continued growth and success are critical to our collective welfare and security.”</p><p>Since Karp, alongside Peter Thiel and others, co-founded Palantir in 2003 to serve U.S. defense needs, the company has grown to serve governments in the U.K., Australia and other allied countries. </p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palantir and Hyundai Heavy Industries Will Form Big Data Platform in $25 Million Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPalantir and Hyundai Heavy Industries Will Form Big Data Platform in $25 Million Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-05 13:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-05/palantir-and-hyundai-heavy-industries-to-form-data-joint-venture?srnd=technology-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Long-term deal positions Palantir to grow commercial businessAgreement with South Korean company valued at $25 millionPalantir Technologies Inc. plans to build a new big data platform in partnership ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-05/palantir-and-hyundai-heavy-industries-to-form-data-joint-venture?srnd=technology-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://www.bloomberg.com/news/articles/2022-01-05/palantir-and-hyundai-heavy-industries-to-form-data-joint-venture?srnd=technology-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164244946","content_text":"Long-term deal positions Palantir to grow commercial businessAgreement with South Korean company valued at $25 millionPalantir Technologies Inc. plans to build a new big data platform in partnership with South Korea’s Hyundai Heavy Industries Group. The move could position Palantir to boost its growing commercial business outside the U.S.Hyundai Heavy will use Palantir’s data analysis software to improve the way its affiliate groups operate in fields including shipbuilding, offshore engineering and energy and industrial machinery processes, the companies announced Tuesday at the CES trade show in Las Vegas. The multiyear deal is valued at more than $25 million, according to a person familiar with the arrangement who asked not to be identified discussing private information.Once the platform is built, the companies will create a joint venture to commercialize the new tools, a move that could help Palantir software gain traction with global industrial companies. Chief Operating Officer Shyam Sankar said the project represented a new model, allowing customers to only pay for what they use, and exercise more control over the process.Although Palantir raised its 2021 outlook, in its most recent earnigns report, the company produced slimmer-than-expected profit margins. It also failed to more quickly expand its client base from the U.S. government and its allies. Since the company announced its third-quarter results in November -- and disclosed more than a dozen new commercial clients that signed deals worth over $10 million -- its share price has fallen 25%.The Hyundai Heavy joint venture, like Palantir’s deal with International Business Machines Corp., expands Palantir’s sales team focused on commercial customers. The arrangement is not Palantir’s first push into South Korea -- it formed a strategic partnership with Doosan Infracore Co. two years before Hyundai acquired a stake in Doosan in 2021. The deal also fortifies Palantir’s connection to a key U.S. ally.In a statement, Palantir Chief Executive Officer Alex Karp praised Hyundai Heavy as a company whose “continued growth and success are critical to our collective welfare and security.”Since Karp, alongside Peter Thiel and others, co-founded Palantir in 2003 to serve U.S. defense needs, the company has grown to serve governments in the U.K., Australia and other allied countries.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9008351632,"gmtCreate":1641369185287,"gmtModify":1676533606832,"author":{"id":"4102526065628400","authorId":"4102526065628400","name":"Panda King","avatar":"https://static.itradeup.com/news/7df763e6d8e0046f61fa76fad1d5a9c9","vip":1,"crmLevel":8,"crmLevelSwitch":0,"authorIdStr":"4102526065628400","idStr":"4102526065628400"},"htmlText":"Pltr is one very suppressed stock. Looking forward to Q4 earnings and see a good run to 25","listText":"Pltr is one very suppressed stock. Looking forward to Q4 earnings and see a good run to 25","text":"Pltr is one very suppressed stock. Looking forward to Q4 earnings and see a good run to 25","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9008351632","repostId":1164244946,"repostType":4,"repost":{"id":"1164244946","pubTimestamp":1641360844,"share":"https://ttm.financial/m/news/1164244946?lang=&edition=fundamental","pubTime":"2022-01-05 13:34","market":"us","language":"en","title":"Palantir and Hyundai Heavy Industries Will Form Big Data Platform in $25 Million Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=1164244946","media":"Bloomberg","summary":"Long-term deal positions Palantir to grow commercial businessAgreement with South Korean company val","content":"<html><head></head><body><ul><li>Long-term deal positions Palantir to grow commercial business</li><li>Agreement with South Korean company valued at $25 million</li></ul><p>Palantir Technologies Inc. plans to build a new big data platform in partnership with South Korea’s Hyundai Heavy Industries Group. The move could position Palantir to boost its growing commercial business outside the U.S.</p><p>Hyundai Heavy will use Palantir’s data analysis software to improve the way its affiliate groups operate in fields including shipbuilding, offshore engineering and energy and industrial machinery processes, the companies announced Tuesday at the CES trade show in Las Vegas. The multiyear deal is valued at more than $25 million, according to a person familiar with the arrangement who asked not to be identified discussing private information.</p><p>Once the platform is built, the companies will create a joint venture to commercialize the new tools, a move that could help Palantir software gain traction with global industrial companies. Chief Operating Officer Shyam Sankar said the project represented a new model, allowing customers to only pay for what they use, and exercise more control over the process.</p><p>Although Palantir raised its 2021 outlook, in its most recent earnigns report, the company produced slimmer-than-expected profit margins. It also failed to more quickly expand its client base from the U.S. government and its allies. Since the company announced its third-quarter results in November -- and disclosed more than a dozen new commercial clients that signed deals worth over $10 million -- its share price has fallen 25%.</p><p>The Hyundai Heavy joint venture, like Palantir’s deal with International Business Machines Corp., expands Palantir’s sales team focused on commercial customers. The arrangement is not Palantir’s first push into South Korea -- it formed a strategic partnership with Doosan Infracore Co. two years before Hyundai acquired a stake in Doosan in 2021. The deal also fortifies Palantir’s connection to a key U.S. ally.</p><p>In a statement, Palantir Chief Executive Officer Alex Karp praised Hyundai Heavy as a company whose “continued growth and success are critical to our collective welfare and security.”</p><p>Since Karp, alongside Peter Thiel and others, co-founded Palantir in 2003 to serve U.S. defense needs, the company has grown to serve governments in the U.K., Australia and other allied countries. </p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palantir and Hyundai Heavy Industries Will Form Big Data Platform in $25 Million Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPalantir and Hyundai Heavy Industries Will Form Big Data Platform in $25 Million Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-05 13:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-05/palantir-and-hyundai-heavy-industries-to-form-data-joint-venture?srnd=technology-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Long-term deal positions Palantir to grow commercial businessAgreement with South Korean company valued at $25 millionPalantir Technologies Inc. plans to build a new big data platform in partnership ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-05/palantir-and-hyundai-heavy-industries-to-form-data-joint-venture?srnd=technology-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://www.bloomberg.com/news/articles/2022-01-05/palantir-and-hyundai-heavy-industries-to-form-data-joint-venture?srnd=technology-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164244946","content_text":"Long-term deal positions Palantir to grow commercial businessAgreement with South Korean company valued at $25 millionPalantir Technologies Inc. plans to build a new big data platform in partnership with South Korea’s Hyundai Heavy Industries Group. The move could position Palantir to boost its growing commercial business outside the U.S.Hyundai Heavy will use Palantir’s data analysis software to improve the way its affiliate groups operate in fields including shipbuilding, offshore engineering and energy and industrial machinery processes, the companies announced Tuesday at the CES trade show in Las Vegas. The multiyear deal is valued at more than $25 million, according to a person familiar with the arrangement who asked not to be identified discussing private information.Once the platform is built, the companies will create a joint venture to commercialize the new tools, a move that could help Palantir software gain traction with global industrial companies. Chief Operating Officer Shyam Sankar said the project represented a new model, allowing customers to only pay for what they use, and exercise more control over the process.Although Palantir raised its 2021 outlook, in its most recent earnigns report, the company produced slimmer-than-expected profit margins. It also failed to more quickly expand its client base from the U.S. government and its allies. Since the company announced its third-quarter results in November -- and disclosed more than a dozen new commercial clients that signed deals worth over $10 million -- its share price has fallen 25%.The Hyundai Heavy joint venture, like Palantir’s deal with International Business Machines Corp., expands Palantir’s sales team focused on commercial customers. The arrangement is not Palantir’s first push into South Korea -- it formed a strategic partnership with Doosan Infracore Co. two years before Hyundai acquired a stake in Doosan in 2021. The deal also fortifies Palantir’s connection to a key U.S. ally.In a statement, Palantir Chief Executive Officer Alex Karp praised Hyundai Heavy as a company whose “continued growth and success are critical to our collective welfare and security.”Since Karp, alongside Peter Thiel and others, co-founded Palantir in 2003 to serve U.S. defense needs, the company has grown to serve governments in the U.K., Australia and other allied countries.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9008367215,"gmtCreate":1641365043987,"gmtModify":1676533606518,"author":{"id":"3581818742728168","authorId":"3581818742728168","name":"CWen","avatar":"https://static.tigerbbs.com/31b0269cbebdce24b628856129a8ab15","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3581818742728168","idStr":"3581818742728168"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9008367215","repostId":1164244946,"repostType":4,"repost":{"id":"1164244946","pubTimestamp":1641360844,"share":"https://ttm.financial/m/news/1164244946?lang=&edition=fundamental","pubTime":"2022-01-05 13:34","market":"us","language":"en","title":"Palantir and Hyundai Heavy Industries Will Form Big Data Platform in $25 Million Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=1164244946","media":"Bloomberg","summary":"Long-term deal positions Palantir to grow commercial businessAgreement with South Korean company val","content":"<html><head></head><body><ul><li>Long-term deal positions Palantir to grow commercial business</li><li>Agreement with South Korean company valued at $25 million</li></ul><p>Palantir Technologies Inc. plans to build a new big data platform in partnership with South Korea’s Hyundai Heavy Industries Group. The move could position Palantir to boost its growing commercial business outside the U.S.</p><p>Hyundai Heavy will use Palantir’s data analysis software to improve the way its affiliate groups operate in fields including shipbuilding, offshore engineering and energy and industrial machinery processes, the companies announced Tuesday at the CES trade show in Las Vegas. The multiyear deal is valued at more than $25 million, according to a person familiar with the arrangement who asked not to be identified discussing private information.</p><p>Once the platform is built, the companies will create a joint venture to commercialize the new tools, a move that could help Palantir software gain traction with global industrial companies. Chief Operating Officer Shyam Sankar said the project represented a new model, allowing customers to only pay for what they use, and exercise more control over the process.</p><p>Although Palantir raised its 2021 outlook, in its most recent earnigns report, the company produced slimmer-than-expected profit margins. It also failed to more quickly expand its client base from the U.S. government and its allies. Since the company announced its third-quarter results in November -- and disclosed more than a dozen new commercial clients that signed deals worth over $10 million -- its share price has fallen 25%.</p><p>The Hyundai Heavy joint venture, like Palantir’s deal with International Business Machines Corp., expands Palantir’s sales team focused on commercial customers. The arrangement is not Palantir’s first push into South Korea -- it formed a strategic partnership with Doosan Infracore Co. two years before Hyundai acquired a stake in Doosan in 2021. The deal also fortifies Palantir’s connection to a key U.S. ally.</p><p>In a statement, Palantir Chief Executive Officer Alex Karp praised Hyundai Heavy as a company whose “continued growth and success are critical to our collective welfare and security.”</p><p>Since Karp, alongside Peter Thiel and others, co-founded Palantir in 2003 to serve U.S. defense needs, the company has grown to serve governments in the U.K., Australia and other allied countries. </p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palantir and Hyundai Heavy Industries Will Form Big Data Platform in $25 Million Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPalantir and Hyundai Heavy Industries Will Form Big Data Platform in $25 Million Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-05 13:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-05/palantir-and-hyundai-heavy-industries-to-form-data-joint-venture?srnd=technology-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Long-term deal positions Palantir to grow commercial businessAgreement with South Korean company valued at $25 millionPalantir Technologies Inc. plans to build a new big data platform in partnership ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-05/palantir-and-hyundai-heavy-industries-to-form-data-joint-venture?srnd=technology-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://www.bloomberg.com/news/articles/2022-01-05/palantir-and-hyundai-heavy-industries-to-form-data-joint-venture?srnd=technology-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164244946","content_text":"Long-term deal positions Palantir to grow commercial businessAgreement with South Korean company valued at $25 millionPalantir Technologies Inc. plans to build a new big data platform in partnership with South Korea’s Hyundai Heavy Industries Group. The move could position Palantir to boost its growing commercial business outside the U.S.Hyundai Heavy will use Palantir’s data analysis software to improve the way its affiliate groups operate in fields including shipbuilding, offshore engineering and energy and industrial machinery processes, the companies announced Tuesday at the CES trade show in Las Vegas. The multiyear deal is valued at more than $25 million, according to a person familiar with the arrangement who asked not to be identified discussing private information.Once the platform is built, the companies will create a joint venture to commercialize the new tools, a move that could help Palantir software gain traction with global industrial companies. Chief Operating Officer Shyam Sankar said the project represented a new model, allowing customers to only pay for what they use, and exercise more control over the process.Although Palantir raised its 2021 outlook, in its most recent earnigns report, the company produced slimmer-than-expected profit margins. It also failed to more quickly expand its client base from the U.S. government and its allies. Since the company announced its third-quarter results in November -- and disclosed more than a dozen new commercial clients that signed deals worth over $10 million -- its share price has fallen 25%.The Hyundai Heavy joint venture, like Palantir’s deal with International Business Machines Corp., expands Palantir’s sales team focused on commercial customers. The arrangement is not Palantir’s first push into South Korea -- it formed a strategic partnership with Doosan Infracore Co. two years before Hyundai acquired a stake in Doosan in 2021. The deal also fortifies Palantir’s connection to a key U.S. ally.In a statement, Palantir Chief Executive Officer Alex Karp praised Hyundai Heavy as a company whose “continued growth and success are critical to our collective welfare and security.”Since Karp, alongside Peter Thiel and others, co-founded Palantir in 2003 to serve U.S. defense needs, the company has grown to serve governments in the U.K., Australia and other allied countries.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9008363570,"gmtCreate":1641363011624,"gmtModify":1676533606276,"author":{"id":"3574986289817638","authorId":"3574986289817638","name":"peppapig","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3574986289817638","idStr":"3574986289817638"},"htmlText":"Good to know","listText":"Good to know","text":"Good to know","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9008363570","repostId":1164244946,"repostType":4,"repost":{"id":"1164244946","pubTimestamp":1641360844,"share":"https://ttm.financial/m/news/1164244946?lang=&edition=fundamental","pubTime":"2022-01-05 13:34","market":"us","language":"en","title":"Palantir and Hyundai Heavy Industries Will Form Big Data Platform in $25 Million Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=1164244946","media":"Bloomberg","summary":"Long-term deal positions Palantir to grow commercial businessAgreement with South Korean company val","content":"<html><head></head><body><ul><li>Long-term deal positions Palantir to grow commercial business</li><li>Agreement with South Korean company valued at $25 million</li></ul><p>Palantir Technologies Inc. plans to build a new big data platform in partnership with South Korea’s Hyundai Heavy Industries Group. The move could position Palantir to boost its growing commercial business outside the U.S.</p><p>Hyundai Heavy will use Palantir’s data analysis software to improve the way its affiliate groups operate in fields including shipbuilding, offshore engineering and energy and industrial machinery processes, the companies announced Tuesday at the CES trade show in Las Vegas. The multiyear deal is valued at more than $25 million, according to a person familiar with the arrangement who asked not to be identified discussing private information.</p><p>Once the platform is built, the companies will create a joint venture to commercialize the new tools, a move that could help Palantir software gain traction with global industrial companies. Chief Operating Officer Shyam Sankar said the project represented a new model, allowing customers to only pay for what they use, and exercise more control over the process.</p><p>Although Palantir raised its 2021 outlook, in its most recent earnigns report, the company produced slimmer-than-expected profit margins. It also failed to more quickly expand its client base from the U.S. government and its allies. Since the company announced its third-quarter results in November -- and disclosed more than a dozen new commercial clients that signed deals worth over $10 million -- its share price has fallen 25%.</p><p>The Hyundai Heavy joint venture, like Palantir’s deal with International Business Machines Corp., expands Palantir’s sales team focused on commercial customers. The arrangement is not Palantir’s first push into South Korea -- it formed a strategic partnership with Doosan Infracore Co. two years before Hyundai acquired a stake in Doosan in 2021. The deal also fortifies Palantir’s connection to a key U.S. ally.</p><p>In a statement, Palantir Chief Executive Officer Alex Karp praised Hyundai Heavy as a company whose “continued growth and success are critical to our collective welfare and security.”</p><p>Since Karp, alongside Peter Thiel and others, co-founded Palantir in 2003 to serve U.S. defense needs, the company has grown to serve governments in the U.K., Australia and other allied countries. </p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palantir and Hyundai Heavy Industries Will Form Big Data Platform in $25 Million Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPalantir and Hyundai Heavy Industries Will Form Big Data Platform in $25 Million Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-05 13:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-05/palantir-and-hyundai-heavy-industries-to-form-data-joint-venture?srnd=technology-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Long-term deal positions Palantir to grow commercial businessAgreement with South Korean company valued at $25 millionPalantir Technologies Inc. plans to build a new big data platform in partnership ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-05/palantir-and-hyundai-heavy-industries-to-form-data-joint-venture?srnd=technology-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://www.bloomberg.com/news/articles/2022-01-05/palantir-and-hyundai-heavy-industries-to-form-data-joint-venture?srnd=technology-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164244946","content_text":"Long-term deal positions Palantir to grow commercial businessAgreement with South Korean company valued at $25 millionPalantir Technologies Inc. plans to build a new big data platform in partnership with South Korea’s Hyundai Heavy Industries Group. The move could position Palantir to boost its growing commercial business outside the U.S.Hyundai Heavy will use Palantir’s data analysis software to improve the way its affiliate groups operate in fields including shipbuilding, offshore engineering and energy and industrial machinery processes, the companies announced Tuesday at the CES trade show in Las Vegas. The multiyear deal is valued at more than $25 million, according to a person familiar with the arrangement who asked not to be identified discussing private information.Once the platform is built, the companies will create a joint venture to commercialize the new tools, a move that could help Palantir software gain traction with global industrial companies. Chief Operating Officer Shyam Sankar said the project represented a new model, allowing customers to only pay for what they use, and exercise more control over the process.Although Palantir raised its 2021 outlook, in its most recent earnigns report, the company produced slimmer-than-expected profit margins. It also failed to more quickly expand its client base from the U.S. government and its allies. Since the company announced its third-quarter results in November -- and disclosed more than a dozen new commercial clients that signed deals worth over $10 million -- its share price has fallen 25%.The Hyundai Heavy joint venture, like Palantir’s deal with International Business Machines Corp., expands Palantir’s sales team focused on commercial customers. The arrangement is not Palantir’s first push into South Korea -- it formed a strategic partnership with Doosan Infracore Co. two years before Hyundai acquired a stake in Doosan in 2021. The deal also fortifies Palantir’s connection to a key U.S. ally.In a statement, Palantir Chief Executive Officer Alex Karp praised Hyundai Heavy as a company whose “continued growth and success are critical to our collective welfare and security.”Since Karp, alongside Peter Thiel and others, co-founded Palantir in 2003 to serve U.S. defense needs, the company has grown to serve governments in the U.K., Australia and other allied countries.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9008363028,"gmtCreate":1641362738533,"gmtModify":1676533606268,"author":{"id":"3575345356727892","authorId":"3575345356727892","name":"Elex","avatar":"https://static.tigerbbs.com/6f793266e9ea291abea267efc5ea2823","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3575345356727892","idStr":"3575345356727892"},"htmlText":"Hehehehehe like 4 like","listText":"Hehehehehe like 4 like","text":"Hehehehehe like 4 like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9008363028","repostId":1164244946,"repostType":4,"repost":{"id":"1164244946","pubTimestamp":1641360844,"share":"https://ttm.financial/m/news/1164244946?lang=&edition=fundamental","pubTime":"2022-01-05 13:34","market":"us","language":"en","title":"Palantir and Hyundai Heavy Industries Will Form Big Data Platform in $25 Million Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=1164244946","media":"Bloomberg","summary":"Long-term deal positions Palantir to grow commercial businessAgreement with South Korean company val","content":"<html><head></head><body><ul><li>Long-term deal positions Palantir to grow commercial business</li><li>Agreement with South Korean company valued at $25 million</li></ul><p>Palantir Technologies Inc. plans to build a new big data platform in partnership with South Korea’s Hyundai Heavy Industries Group. The move could position Palantir to boost its growing commercial business outside the U.S.</p><p>Hyundai Heavy will use Palantir’s data analysis software to improve the way its affiliate groups operate in fields including shipbuilding, offshore engineering and energy and industrial machinery processes, the companies announced Tuesday at the CES trade show in Las Vegas. The multiyear deal is valued at more than $25 million, according to a person familiar with the arrangement who asked not to be identified discussing private information.</p><p>Once the platform is built, the companies will create a joint venture to commercialize the new tools, a move that could help Palantir software gain traction with global industrial companies. Chief Operating Officer Shyam Sankar said the project represented a new model, allowing customers to only pay for what they use, and exercise more control over the process.</p><p>Although Palantir raised its 2021 outlook, in its most recent earnigns report, the company produced slimmer-than-expected profit margins. It also failed to more quickly expand its client base from the U.S. government and its allies. Since the company announced its third-quarter results in November -- and disclosed more than a dozen new commercial clients that signed deals worth over $10 million -- its share price has fallen 25%.</p><p>The Hyundai Heavy joint venture, like Palantir’s deal with International Business Machines Corp., expands Palantir’s sales team focused on commercial customers. The arrangement is not Palantir’s first push into South Korea -- it formed a strategic partnership with Doosan Infracore Co. two years before Hyundai acquired a stake in Doosan in 2021. The deal also fortifies Palantir’s connection to a key U.S. ally.</p><p>In a statement, Palantir Chief Executive Officer Alex Karp praised Hyundai Heavy as a company whose “continued growth and success are critical to our collective welfare and security.”</p><p>Since Karp, alongside Peter Thiel and others, co-founded Palantir in 2003 to serve U.S. defense needs, the company has grown to serve governments in the U.K., Australia and other allied countries. </p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palantir and Hyundai Heavy Industries Will Form Big Data Platform in $25 Million Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPalantir and Hyundai Heavy Industries Will Form Big Data Platform in $25 Million Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-05 13:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-05/palantir-and-hyundai-heavy-industries-to-form-data-joint-venture?srnd=technology-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Long-term deal positions Palantir to grow commercial businessAgreement with South Korean company valued at $25 millionPalantir Technologies Inc. plans to build a new big data platform in partnership ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-05/palantir-and-hyundai-heavy-industries-to-form-data-joint-venture?srnd=technology-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://www.bloomberg.com/news/articles/2022-01-05/palantir-and-hyundai-heavy-industries-to-form-data-joint-venture?srnd=technology-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164244946","content_text":"Long-term deal positions Palantir to grow commercial businessAgreement with South Korean company valued at $25 millionPalantir Technologies Inc. plans to build a new big data platform in partnership with South Korea’s Hyundai Heavy Industries Group. The move could position Palantir to boost its growing commercial business outside the U.S.Hyundai Heavy will use Palantir’s data analysis software to improve the way its affiliate groups operate in fields including shipbuilding, offshore engineering and energy and industrial machinery processes, the companies announced Tuesday at the CES trade show in Las Vegas. The multiyear deal is valued at more than $25 million, according to a person familiar with the arrangement who asked not to be identified discussing private information.Once the platform is built, the companies will create a joint venture to commercialize the new tools, a move that could help Palantir software gain traction with global industrial companies. Chief Operating Officer Shyam Sankar said the project represented a new model, allowing customers to only pay for what they use, and exercise more control over the process.Although Palantir raised its 2021 outlook, in its most recent earnigns report, the company produced slimmer-than-expected profit margins. It also failed to more quickly expand its client base from the U.S. government and its allies. Since the company announced its third-quarter results in November -- and disclosed more than a dozen new commercial clients that signed deals worth over $10 million -- its share price has fallen 25%.The Hyundai Heavy joint venture, like Palantir’s deal with International Business Machines Corp., expands Palantir’s sales team focused on commercial customers. The arrangement is not Palantir’s first push into South Korea -- it formed a strategic partnership with Doosan Infracore Co. two years before Hyundai acquired a stake in Doosan in 2021. The deal also fortifies Palantir’s connection to a key U.S. ally.In a statement, Palantir Chief Executive Officer Alex Karp praised Hyundai Heavy as a company whose “continued growth and success are critical to our collective welfare and security.”Since Karp, alongside Peter Thiel and others, co-founded Palantir in 2003 to serve U.S. defense needs, the company has grown to serve governments in the U.K., Australia and other allied countries.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9008369281,"gmtCreate":1641362607345,"gmtModify":1676533606260,"author":{"id":"3585385605908328","authorId":"3585385605908328","name":"Thomas9413","avatar":"https://static.tigerbbs.com/effcfaa82ddb11a4fa57136b2a6f8351","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3585385605908328","idStr":"3585385605908328"},"htmlText":"Great&nbsp;","listText":"Great&nbsp;","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9008369281","repostId":1164244946,"repostType":4,"repost":{"id":"1164244946","pubTimestamp":1641360844,"share":"https://ttm.financial/m/news/1164244946?lang=&edition=fundamental","pubTime":"2022-01-05 13:34","market":"us","language":"en","title":"Palantir and Hyundai Heavy Industries Will Form Big Data Platform in $25 Million Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=1164244946","media":"Bloomberg","summary":"Long-term deal positions Palantir to grow commercial businessAgreement with South Korean company val","content":"<html><head></head><body><ul><li>Long-term deal positions Palantir to grow commercial business</li><li>Agreement with South Korean company valued at $25 million</li></ul><p>Palantir Technologies Inc. plans to build a new big data platform in partnership with South Korea’s Hyundai Heavy Industries Group. The move could position Palantir to boost its growing commercial business outside the U.S.</p><p>Hyundai Heavy will use Palantir’s data analysis software to improve the way its affiliate groups operate in fields including shipbuilding, offshore engineering and energy and industrial machinery processes, the companies announced Tuesday at the CES trade show in Las Vegas. The multiyear deal is valued at more than $25 million, according to a person familiar with the arrangement who asked not to be identified discussing private information.</p><p>Once the platform is built, the companies will create a joint venture to commercialize the new tools, a move that could help Palantir software gain traction with global industrial companies. Chief Operating Officer Shyam Sankar said the project represented a new model, allowing customers to only pay for what they use, and exercise more control over the process.</p><p>Although Palantir raised its 2021 outlook, in its most recent earnigns report, the company produced slimmer-than-expected profit margins. It also failed to more quickly expand its client base from the U.S. government and its allies. Since the company announced its third-quarter results in November -- and disclosed more than a dozen new commercial clients that signed deals worth over $10 million -- its share price has fallen 25%.</p><p>The Hyundai Heavy joint venture, like Palantir’s deal with International Business Machines Corp., expands Palantir’s sales team focused on commercial customers. The arrangement is not Palantir’s first push into South Korea -- it formed a strategic partnership with Doosan Infracore Co. two years before Hyundai acquired a stake in Doosan in 2021. The deal also fortifies Palantir’s connection to a key U.S. ally.</p><p>In a statement, Palantir Chief Executive Officer Alex Karp praised Hyundai Heavy as a company whose “continued growth and success are critical to our collective welfare and security.”</p><p>Since Karp, alongside Peter Thiel and others, co-founded Palantir in 2003 to serve U.S. defense needs, the company has grown to serve governments in the U.K., Australia and other allied countries. </p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palantir and Hyundai Heavy Industries Will Form Big Data Platform in $25 Million Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPalantir and Hyundai Heavy Industries Will Form Big Data Platform in $25 Million Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-05 13:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-05/palantir-and-hyundai-heavy-industries-to-form-data-joint-venture?srnd=technology-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Long-term deal positions Palantir to grow commercial businessAgreement with South Korean company valued at $25 millionPalantir Technologies Inc. plans to build a new big data platform in partnership ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-05/palantir-and-hyundai-heavy-industries-to-form-data-joint-venture?srnd=technology-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://www.bloomberg.com/news/articles/2022-01-05/palantir-and-hyundai-heavy-industries-to-form-data-joint-venture?srnd=technology-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164244946","content_text":"Long-term deal positions Palantir to grow commercial businessAgreement with South Korean company valued at $25 millionPalantir Technologies Inc. plans to build a new big data platform in partnership with South Korea’s Hyundai Heavy Industries Group. The move could position Palantir to boost its growing commercial business outside the U.S.Hyundai Heavy will use Palantir’s data analysis software to improve the way its affiliate groups operate in fields including shipbuilding, offshore engineering and energy and industrial machinery processes, the companies announced Tuesday at the CES trade show in Las Vegas. The multiyear deal is valued at more than $25 million, according to a person familiar with the arrangement who asked not to be identified discussing private information.Once the platform is built, the companies will create a joint venture to commercialize the new tools, a move that could help Palantir software gain traction with global industrial companies. Chief Operating Officer Shyam Sankar said the project represented a new model, allowing customers to only pay for what they use, and exercise more control over the process.Although Palantir raised its 2021 outlook, in its most recent earnigns report, the company produced slimmer-than-expected profit margins. It also failed to more quickly expand its client base from the U.S. government and its allies. Since the company announced its third-quarter results in November -- and disclosed more than a dozen new commercial clients that signed deals worth over $10 million -- its share price has fallen 25%.The Hyundai Heavy joint venture, like Palantir’s deal with International Business Machines Corp., expands Palantir’s sales team focused on commercial customers. The arrangement is not Palantir’s first push into South Korea -- it formed a strategic partnership with Doosan Infracore Co. two years before Hyundai acquired a stake in Doosan in 2021. The deal also fortifies Palantir’s connection to a key U.S. ally.In a statement, Palantir Chief Executive Officer Alex Karp praised Hyundai Heavy as a company whose “continued growth and success are critical to our collective welfare and security.”Since Karp, alongside Peter Thiel and others, co-founded Palantir in 2003 to serve U.S. defense needs, the company has grown to serve governments in the U.K., Australia and other allied countries.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":695139780,"gmtCreate":1641361894689,"gmtModify":1676532530140,"author":{"id":"3581581151725380","authorId":"3581581151725380","name":"HermioneG","avatar":"https://static.tigerbbs.com/449ae31dcb8cfcd4dcedab9bc5dec8aa","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3581581151725380","idStr":"3581581151725380"},"htmlText":"Awesome!","listText":"Awesome!","text":"Awesome!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/695139780","repostId":1164244946,"repostType":4,"repost":{"id":"1164244946","pubTimestamp":1641360844,"share":"https://ttm.financial/m/news/1164244946?lang=&edition=fundamental","pubTime":"2022-01-05 13:34","market":"us","language":"en","title":"Palantir and Hyundai Heavy Industries Will Form Big Data Platform in $25 Million Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=1164244946","media":"Bloomberg","summary":"Long-term deal positions Palantir to grow commercial businessAgreement with South Korean company val","content":"<html><head></head><body><ul><li>Long-term deal positions Palantir to grow commercial business</li><li>Agreement with South Korean company valued at $25 million</li></ul><p>Palantir Technologies Inc. plans to build a new big data platform in partnership with South Korea’s Hyundai Heavy Industries Group. The move could position Palantir to boost its growing commercial business outside the U.S.</p><p>Hyundai Heavy will use Palantir’s data analysis software to improve the way its affiliate groups operate in fields including shipbuilding, offshore engineering and energy and industrial machinery processes, the companies announced Tuesday at the CES trade show in Las Vegas. The multiyear deal is valued at more than $25 million, according to a person familiar with the arrangement who asked not to be identified discussing private information.</p><p>Once the platform is built, the companies will create a joint venture to commercialize the new tools, a move that could help Palantir software gain traction with global industrial companies. Chief Operating Officer Shyam Sankar said the project represented a new model, allowing customers to only pay for what they use, and exercise more control over the process.</p><p>Although Palantir raised its 2021 outlook, in its most recent earnigns report, the company produced slimmer-than-expected profit margins. It also failed to more quickly expand its client base from the U.S. government and its allies. Since the company announced its third-quarter results in November -- and disclosed more than a dozen new commercial clients that signed deals worth over $10 million -- its share price has fallen 25%.</p><p>The Hyundai Heavy joint venture, like Palantir’s deal with International Business Machines Corp., expands Palantir’s sales team focused on commercial customers. The arrangement is not Palantir’s first push into South Korea -- it formed a strategic partnership with Doosan Infracore Co. two years before Hyundai acquired a stake in Doosan in 2021. The deal also fortifies Palantir’s connection to a key U.S. ally.</p><p>In a statement, Palantir Chief Executive Officer Alex Karp praised Hyundai Heavy as a company whose “continued growth and success are critical to our collective welfare and security.”</p><p>Since Karp, alongside Peter Thiel and others, co-founded Palantir in 2003 to serve U.S. defense needs, the company has grown to serve governments in the U.K., Australia and other allied countries. </p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palantir and Hyundai Heavy Industries Will Form Big Data Platform in $25 Million Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPalantir and Hyundai Heavy Industries Will Form Big Data Platform in $25 Million Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-05 13:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-05/palantir-and-hyundai-heavy-industries-to-form-data-joint-venture?srnd=technology-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Long-term deal positions Palantir to grow commercial businessAgreement with South Korean company valued at $25 millionPalantir Technologies Inc. plans to build a new big data platform in partnership ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-05/palantir-and-hyundai-heavy-industries-to-form-data-joint-venture?srnd=technology-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://www.bloomberg.com/news/articles/2022-01-05/palantir-and-hyundai-heavy-industries-to-form-data-joint-venture?srnd=technology-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164244946","content_text":"Long-term deal positions Palantir to grow commercial businessAgreement with South Korean company valued at $25 millionPalantir Technologies Inc. plans to build a new big data platform in partnership with South Korea’s Hyundai Heavy Industries Group. The move could position Palantir to boost its growing commercial business outside the U.S.Hyundai Heavy will use Palantir’s data analysis software to improve the way its affiliate groups operate in fields including shipbuilding, offshore engineering and energy and industrial machinery processes, the companies announced Tuesday at the CES trade show in Las Vegas. The multiyear deal is valued at more than $25 million, according to a person familiar with the arrangement who asked not to be identified discussing private information.Once the platform is built, the companies will create a joint venture to commercialize the new tools, a move that could help Palantir software gain traction with global industrial companies. Chief Operating Officer Shyam Sankar said the project represented a new model, allowing customers to only pay for what they use, and exercise more control over the process.Although Palantir raised its 2021 outlook, in its most recent earnigns report, the company produced slimmer-than-expected profit margins. It also failed to more quickly expand its client base from the U.S. government and its allies. Since the company announced its third-quarter results in November -- and disclosed more than a dozen new commercial clients that signed deals worth over $10 million -- its share price has fallen 25%.The Hyundai Heavy joint venture, like Palantir’s deal with International Business Machines Corp., expands Palantir’s sales team focused on commercial customers. The arrangement is not Palantir’s first push into South Korea -- it formed a strategic partnership with Doosan Infracore Co. two years before Hyundai acquired a stake in Doosan in 2021. The deal also fortifies Palantir’s connection to a key U.S. ally.In a statement, Palantir Chief Executive Officer Alex Karp praised Hyundai Heavy as a company whose “continued growth and success are critical to our collective welfare and security.”Since Karp, alongside Peter Thiel and others, co-founded Palantir in 2003 to serve U.S. defense needs, the company has grown to serve governments in the U.K., Australia and other allied countries.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":100120047,"gmtCreate":1641362603097,"gmtModify":1663241967341,"authorId":3585385605908328,"author":{"id":3585385605908328,"idStr":"3585385605908328","authorId":3585385605908328,"name":"Thomas9413","avatar":"https://static.tigerbbs.com/effcfaa82ddb11a4fa57136b2a6f8351","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":695139780,"type":1,"supId":0,"prevId":0,"content":"Ok ","text":"Ok ","html":"Ok "},{"id":7156101,"gmtCreate":1641361902019,"gmtModify":1663239400530,"authorId":3581581151725380,"author":{"id":3581581151725380,"idStr":"3581581151725380","authorId":3581581151725380,"name":"HermioneG","avatar":"https://static.tigerbbs.com/449ae31dcb8cfcd4dcedab9bc5dec8aa","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":695139780,"type":1,"supId":0,"prevId":0,"content":"<u>m</u>","text":"<u>m</u>","html":"<u>m</u>"}],"langContent":"CN"},{"id":9008384363,"gmtCreate":1641361878377,"gmtModify":1676533606164,"author":{"id":"3582617881962608","authorId":"3582617881962608","name":"Ahsiang","avatar":"https://static.tigerbbs.com/310f96e7696af85ae33ece774a483d15","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3582617881962608","idStr":"3582617881962608"},"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9008384363","repostId":1164244946,"repostType":4,"repost":{"id":"1164244946","pubTimestamp":1641360844,"share":"https://ttm.financial/m/news/1164244946?lang=&edition=fundamental","pubTime":"2022-01-05 13:34","market":"us","language":"en","title":"Palantir and Hyundai Heavy Industries Will Form Big Data Platform in $25 Million Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=1164244946","media":"Bloomberg","summary":"Long-term deal positions Palantir to grow commercial businessAgreement with South Korean company val","content":"<html><head></head><body><ul><li>Long-term deal positions Palantir to grow commercial business</li><li>Agreement with South Korean company valued at $25 million</li></ul><p>Palantir Technologies Inc. plans to build a new big data platform in partnership with South Korea’s Hyundai Heavy Industries Group. The move could position Palantir to boost its growing commercial business outside the U.S.</p><p>Hyundai Heavy will use Palantir’s data analysis software to improve the way its affiliate groups operate in fields including shipbuilding, offshore engineering and energy and industrial machinery processes, the companies announced Tuesday at the CES trade show in Las Vegas. The multiyear deal is valued at more than $25 million, according to a person familiar with the arrangement who asked not to be identified discussing private information.</p><p>Once the platform is built, the companies will create a joint venture to commercialize the new tools, a move that could help Palantir software gain traction with global industrial companies. Chief Operating Officer Shyam Sankar said the project represented a new model, allowing customers to only pay for what they use, and exercise more control over the process.</p><p>Although Palantir raised its 2021 outlook, in its most recent earnigns report, the company produced slimmer-than-expected profit margins. It also failed to more quickly expand its client base from the U.S. government and its allies. Since the company announced its third-quarter results in November -- and disclosed more than a dozen new commercial clients that signed deals worth over $10 million -- its share price has fallen 25%.</p><p>The Hyundai Heavy joint venture, like Palantir’s deal with International Business Machines Corp., expands Palantir’s sales team focused on commercial customers. The arrangement is not Palantir’s first push into South Korea -- it formed a strategic partnership with Doosan Infracore Co. two years before Hyundai acquired a stake in Doosan in 2021. The deal also fortifies Palantir’s connection to a key U.S. ally.</p><p>In a statement, Palantir Chief Executive Officer Alex Karp praised Hyundai Heavy as a company whose “continued growth and success are critical to our collective welfare and security.”</p><p>Since Karp, alongside Peter Thiel and others, co-founded Palantir in 2003 to serve U.S. defense needs, the company has grown to serve governments in the U.K., Australia and other allied countries. </p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palantir and Hyundai Heavy Industries Will Form Big Data Platform in $25 Million Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPalantir and Hyundai Heavy Industries Will Form Big Data Platform in $25 Million Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-05 13:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-05/palantir-and-hyundai-heavy-industries-to-form-data-joint-venture?srnd=technology-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Long-term deal positions Palantir to grow commercial businessAgreement with South Korean company valued at $25 millionPalantir Technologies Inc. plans to build a new big data platform in partnership ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-05/palantir-and-hyundai-heavy-industries-to-form-data-joint-venture?srnd=technology-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://www.bloomberg.com/news/articles/2022-01-05/palantir-and-hyundai-heavy-industries-to-form-data-joint-venture?srnd=technology-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164244946","content_text":"Long-term deal positions Palantir to grow commercial businessAgreement with South Korean company valued at $25 millionPalantir Technologies Inc. plans to build a new big data platform in partnership with South Korea’s Hyundai Heavy Industries Group. The move could position Palantir to boost its growing commercial business outside the U.S.Hyundai Heavy will use Palantir’s data analysis software to improve the way its affiliate groups operate in fields including shipbuilding, offshore engineering and energy and industrial machinery processes, the companies announced Tuesday at the CES trade show in Las Vegas. The multiyear deal is valued at more than $25 million, according to a person familiar with the arrangement who asked not to be identified discussing private information.Once the platform is built, the companies will create a joint venture to commercialize the new tools, a move that could help Palantir software gain traction with global industrial companies. Chief Operating Officer Shyam Sankar said the project represented a new model, allowing customers to only pay for what they use, and exercise more control over the process.Although Palantir raised its 2021 outlook, in its most recent earnigns report, the company produced slimmer-than-expected profit margins. It also failed to more quickly expand its client base from the U.S. government and its allies. Since the company announced its third-quarter results in November -- and disclosed more than a dozen new commercial clients that signed deals worth over $10 million -- its share price has fallen 25%.The Hyundai Heavy joint venture, like Palantir’s deal with International Business Machines Corp., expands Palantir’s sales team focused on commercial customers. The arrangement is not Palantir’s first push into South Korea -- it formed a strategic partnership with Doosan Infracore Co. two years before Hyundai acquired a stake in Doosan in 2021. The deal also fortifies Palantir’s connection to a key U.S. ally.In a statement, Palantir Chief Executive Officer Alex Karp praised Hyundai Heavy as a company whose “continued growth and success are critical to our collective welfare and security.”Since Karp, alongside Peter Thiel and others, co-founded Palantir in 2003 to serve U.S. defense needs, the company has grown to serve governments in the U.K., Australia and other allied countries.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":81,"commentSize":11,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false}}