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Stellantis Extends Palantir Partnership to 2031, Adding AIP

The deal deepens Palantir’s role in Stellantis by tying governed AI to day-to-day operations.

Overview

  • Palantir and Stellantis, in a Monday announcement, extended their collaboration five years to 2031 and set plans for broader use of Foundry.
  • Stellantis will start deploying Palantir’s Artificial Intelligence Platform across select functions and regions to plug generative AI into real workflows.
  • AIP will connect to Stellantis’ internal data and business rules inside Foundry to speed decisions and keep a clear record of how AI outputs are produced.
  • The rollout supports Stellantis’ Data4All program, which aims to give more employees safe access to company data with tight controls and audit trails.
  • PLTR shares rose in premarket trading Monday after the news, as analysts kept a Moderate Buy view with a $194.61 average target, reflecting confidence in deeper commercial adoption that began with the 2016 partnership.