Announced

Completed

Dubai Holding and Palantir completed the formation of Aither.

Synopsis

Dubai Holding, a major diversified investment company based in the UAE, and Palantir, a software company that develops data integration and analytics platforms for government, defense, healthcare, and commercial organizations, completed the formation of Aither. Financial terms were not disclosed. “Through Aither, we are extending proven AI capabilities to the wider market, supporting Dubai’s digital ambitions and the UAE’s goal to accelerate economic diversification and strengthen its global leadership in the digital economy,” Amit Kaushal, Dubai Holding Group Chief Executive Officer.

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MergerLinks - Dubai Holding and Palantir completed the formation of Aither.