Palantir Deepens Ties With BP With New 5-Year Deal

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Palantir Technologies (NYSE: PLTR) on Friday announced an extended partnership with BP (NYSE: BP) to use Palantir’s software to continue the energy giant’s push to get to carbon neutral by 2050.

Palantir has been working with BP since 2014, with Palantir saying that its data analytics software “has been a key accelerant in BP’s digital transformation.” The new deal commits BP to use Palantir’s tools for an additional five years.

Image source: Getty Images.

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