Palantir’s stock surged toward a 17-month high after launching an AI-powered data integration offering for manufacturers

Shares of Palantir Technologies Inc.

powered up 6.6% in premarket trading Tuesday, putting them on track to reach a 17-month high. The software company announced earlier the launch of Palantir Foundry for Manufacturing on Amazon Web Services , which Palantir said helps manufacturers address challenges of fragmented data systems with high barriers to access data, by allowing users to merge industrial data, decisions and operations.

powered up 6.6% in premarket trading Tuesday, putting them on track to reach a 17-month high. The software company announced earlier the launch of Palantir Foundry for Manufacturing on Amazon Web Services , which Palantir said helps manufacturers address challenges of fragmented data systems with high barriers to access data, by allowing users to merge industrial data, decisions and operations.

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