Palantir Secures $19M ARPA-H Contract to Boost Health Outcomes with AI
Portfolio Pulse from Benzinga Newsdesk
Palantir Technologies Inc. (NYSE:PLTR) has secured a $19 million contract with the Advanced Research Projects Agency for Health (ARPA-H) to enhance health outcomes using AI and data infrastructure. The contract spans two years and aims to support ARPA-H's mission to accelerate health innovations.
June 20, 2024 | 11:01 am
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Palantir Technologies Inc. has secured a $19 million contract with ARPA-H to enhance health outcomes using AI and data infrastructure. This partnership is expected to drive revenue and showcase Palantir's capabilities in the health sector.
The $19 million contract with ARPA-H is a significant win for Palantir, highlighting its capabilities in AI and data infrastructure. This partnership is likely to drive revenue and strengthen Palantir's market position in the health sector, leading to a positive short-term impact on its stock price.
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