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Palantir Embraces Nuclear Power With $100 Million Startup Deal

Bloomberg.com · last updated

The US will need more nuclear power as it enters into greater competition with China, said Mike Gallagher, head of defense at Palantir Technologies Inc.

Palantir inked a deal with the Nuclear Company, a startup working on project development, the companies announced Thursday. The startup will pay data analytics firm Palantir $100 million over the next five years to develop artificial intelligence software specific to the nuclear industry.