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Palantir and Snowflake Partner to Boost AI Data Capabilities

10/16/2025

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Story summary
  • Palantir Technologies (PLTR) and Snowflake (SNOW) announced a partnership on October 16, 2025 to modernize data for artificial intelligence, aiming to enhance data pipelines, analytics, and AI capabilities for commercial and public sector clients.
  • Shares rose initially and declined later as the Nasdaq composite fell, with Palantir up 139% and Snowflake up 53% in 2025.
  • Both Palantir and Snowflake explore generative AI for growth.