Palantir has secured a deal to sell more software to HD Hyundai in South Korea, worth hundreds of millions of dollars over several years. This marks an expansion of their work that began in 2021, enabling HD Hyundai to build ships around 30% faster using Palantir software. The agreement was celebrated at the World Economic Forum in Davos. Palantir’s CEO is optimistic about the Korean market. The company specializes in enterprise-wide deals, with a focus on shipbuilding and automation to improve efficiency. Despite global trade concerns, Palantir’s U.S. market demand exceeds their capacity, accounting for three-fourths of their business.

Read more at Yahoo Finance: Exclusive-Palantir inks HD Hyundai deal worth hundreds of millions, CEO bullish on Korea