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New: Introducing “Why Is It Moving?” - lightning-fast, AI-driven explanations of stock moves
Palantir Technologies Inc. (NASDAQ:PLTR) is one of the best big tech stocks to invest in now. On October 16, Palantir Technologies and Snowflake Inc. (NYSE:SNOW) announced a new partnership to enhance enterprise-ready AI and analytics. The partnership integrates Snowflake’s AI Data Cloud with Palantir Foundry and Palantir Artificial Intelligence Platform/AIP. The integration will enable commercial and public sector customers to build more efficient and trusted data pipelines, faster data analytics, and robust AI applications.
A key technical feature is the expanded integration between Foundry and Snowflake Iceberg Tables, which allows joint customers to achieve bidirectional, zero-copy interoperability. One flagship customer using this new partnership is Eaton, which is a global intelligent power management company operating in over 175 countries.
Eaton is using the integration to build a best-in-class data foundation supported by AI-enabled workflows. By combining data from various sources into a unified, AI-ready, secure source of truth across both platforms, Eaton eliminates data duplication, supports enterprise-wide governance, and increases the development speed of AI applications. The partnership aims to reduce friction for customers to more easily deploy intelligent applications and accelerate time to value.
Palantir Technologies Inc. (NASDAQ:PLTR) builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations in the US, the UK, and internationally.
Snowflake Inc. (NYSE:SNOW) provides a cloud-based data platform for various organizations in the US and internationally.
While we acknowledge the potential of PLTR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.
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