On Thursday, Palantir Technologies Inc. (NYSE: PLTR) announced it had signed a multi-year enterprise agreement with Rio Tinto (NYSE: RIO), a mining and metals company, for use of its Foundry platform. What Happened: As part of Rio Tinto's move to digital operations, it will use Palantir's Foundry platform to help its front line and office-based workers integrate data securely and easily in order to “make decisions and take actions using a single source of truth that combines operational and transactional data,” according to the report.
Palantir Gains Rio Tinto As A Client For Foundry Platform