Palantir Expands Multi-Year Partnership with SOMPO Holdings to Enhance AI-Driven Operations
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Palantir Technologies Inc. has expanded its partnership with SOMPO Holdings, Inc. through Palantir Technologies Japan KK. This multi-year agreement enhances SOMPO's AI-driven operations, with over 8,000 personnel using Palantir’s Foundry platform to improve underwriting processes. The partnership has previously led to significant advancements in fraud detection and claims optimization since its inception in 2020. This marks the second expansion following a $50 million extension in 2023.
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