TWG Global and Palantir Technologies to form a joint venture.

TWG Global, a diversified holding company focused on strategic investments and operations across various sectors, and Palantir Technologies, a software company that develops data integration and analytics platforms for government, defense, healthcare, and commercial organizations, agreed to form a joint venture focused on deploying AI solutions across banking, investment management, insurance, and other financial services. Financial terms are not disclosed. “Palantir is proud to partner with TWG Global to further seamlessly weave AI into the fabric of financial services and help forward-looking companies unlock enormous opportunity. By combining TWG's deep industry expertise with Palantir's world-leading software, we are empowering businesses to not just navigate today's complex global market, but to position themselves for dominance in it by remaining at the forefront of the AI revolution," Alex Karp, Palantir Technologies Co-Founder and CEO.