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April 15 2025
NATO has finalized a deal with Palantir Technologies to acquire the company’s AI-powered Maven Smart System. The deal is NATO’s first in the AI industry.
President Donald Trump threatened to withdraw the United States from the alliance due to low defense contributions, which sparked anxiety among the European members. The acquisition of Palantir’s Maven Smart System (MSS NATO) came after the threat, in a show of compliance with Trump’s request for an increased budget.
Thiel is one of Silicon Valley’s most prominent conservative figures, and he publicly backed Trump’s first run for the US presidency in 2016. He was also a notable supporter of the current vice president, JD Vance’s bid to be selected as Trump’s running mate for the 2024 elections.
Palantir has won more than $2.7B in US government contracts since 2009 and won over $1.3B in the defense department specifically, according to federal records.
The company’s stock has risen by more than 300% over the past 12 months, and following Monday’s announcement, it rose by 5.6% to $93.47.
The company is expected to maintain its momentum as investors believe that the company will continue to be a beneficiary of the Trump administration’s defense spending.
Full article:
www.cryptopolitan.com
NATO has finalized a deal with Palantir Technologies to acquire the company’s AI-powered Maven Smart System. The deal is NATO’s first in the AI industry.
President Donald Trump threatened to withdraw the United States from the alliance due to low defense contributions, which sparked anxiety among the European members. The acquisition of Palantir’s Maven Smart System (MSS NATO) came after the threat, in a show of compliance with Trump’s request for an increased budget.
Thiel is one of Silicon Valley’s most prominent conservative figures, and he publicly backed Trump’s first run for the US presidency in 2016. He was also a notable supporter of the current vice president, JD Vance’s bid to be selected as Trump’s running mate for the 2024 elections.
Palantir has won more than $2.7B in US government contracts since 2009 and won over $1.3B in the defense department specifically, according to federal records.
The company’s stock has risen by more than 300% over the past 12 months, and following Monday’s announcement, it rose by 5.6% to $93.47.
The company is expected to maintain its momentum as investors believe that the company will continue to be a beneficiary of the Trump administration’s defense spending.
Full article:
NATO closes AI military system deal Palantir, US software company chaired by Donald Trump-backer Peter Thiel | Cryptopolitan
The North Atlantic Treaty Organization (NATO) has acquired an AI military system from Palantir Technologies. The acquisition is the alliance’s attempt to
www.cryptopolitan.com
