U.S. data analytics firm Palantir Technologies ($PLTR) has secured a multi-year agreement to expand its software deployment across HD Hyundai, a South Korea-based industrial conglomerate. The deal is expected to bring in hundreds of millions of dollars in revenue for Palantir over several years. The partnership will involve deploying Palantir’s Foundry and Artificial Intelligence Platform across multiple HD Hyundai business units and establishing a joint Center of Excellence focused on AI and data analytics. HD Hyundai operates globally in shipbuilding, marine engines, heavy machinery, energy systems, and industrial robotics. This is a developing story and more details may be updated.

Read more at Quiver Quantitative: Palantir Secures Hundreds-of-Millions Software Deal With HD Hyundai as AI Push Expands in Heavy Industry