Jacobs Solutions ($J) and Palantir ($PLTR)s aid Wednesday that they have expanded a partnership that uses Palantir’s artificial intelligence capabilities to sell AI services for sectors like infrastructure, facilities, supply chain management and others.Financial details were, however, not disclosed.
In a separate development, the official twitter of the technology company also announced a planned partnership with the government of Ukraine, to help rebuild the country, post the Russian Invasion.
#Palantir has announced a partnership agreement with Ukraine’s @mintsyfra, which will see our software used to support the reconstruction of the country in the wake of the Russian invasion.
Read more in @Bloomberg: https://t.co/sr8K428X0p pic.twitter.com/Yx7phmrfYR
— Palantir (@PalantirTech) May 25, 2023
This is a continuation of a slew of good news that has trailed a lot of technology companies in the US, particularly relating artificial intelligence products.
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Having recorded its biggest monthly gain in years this month, $PLTR is now at a crucial juncture. A close below $14.86 probably takes price down to retest $7.
A close above $14.86 likely takes price to the next resistance at $20.
The answer to the next likely outcome will be revealed in 5 hours, when the month of May ends.
