Palantir and Microsoft Partner to Deliver Enhanced Analytics and AI Services to Classified Networks for Critical National Security Operations

Palantir Technologies Inc. (NYSE: PLTR) and Microsoft Corporation (NASDAQ: MSFT) announce today a significant advancement in their partnership to bring some of the most sophisticated and secure cloud, AI and analytics capabilities to the U.S. Defense and Intelligence Community. This is a first-of-its-kind, integrated suite of technology that will allow critical national security missions to operationalize Microsoft's best-in-class large language models (LLMs) via Azure OpenAI Service within Palantir's AI Platforms (AIP) in Microsoft's government and classified cloud environments.

Palantir and Microsoft have a long history operating in secure and accredited environments to deliver leading technology for the most critical U.S. Defense and Intelligence missions. Now, through this partnership, Palantir will deploy their suite of products - Foundry, Gotham, Apollo, and AIP - in Microsoft Azure Government and in the Azure Government Secret (DoD Impact Level 6) and Top Secret clouds. Palantir will also be an early adopter of Azure's OpenAI Service in Microsoft's Secret and Top Secret environments. This integrated solution of Microsoft's Azure cloud compute and powerful language models (GPT-4 and others) with Palantir's Foundry's data integration and ontology capabilities and AIP's use case building capabilities will enable operators to safely and responsibly build AI-driven operational workloads across Defense and Intelligence verticals - from logistics, to contracting, to prioritization and action planning, and more. Availability of the services is subject to completion of authorization and accreditation by appropriate government agencies.

"Bringing Palantir and Microsoft capabilities to our national security apparatus is a step change in how we can support the defense and intelligence communities," said Shyam Sankar, Chief Technology Officer, Palantir. "Palantir AIP has pioneered the approach to operationalizing AI value - beyond chat - across the enterprise. It's our mission to deliver this software advantage and we're thrilled to be the first industry partner to deploy Microsoft Azure OpenAI Service in classified environments."

"This expanded partnership between Microsoft and Palantir will help accelerate the safe, secure and responsible deployment of advanced AI capabilities for the U.S. government," said Deb Cupp, President of Microsoft Americas. "Palantir, a leader in delivering actionable insights to government, will now leverage the power of Microsoft's government and classified clouds and robust Azure OpenAI models to further develop AI innovations for national security missions."

Additionally, the Palantir Federal Cloud Service, inclusive of Palantir's Gotham, Foundry, AIP, Apollo, and FedStart Mission Manager Platforms, is authorized to deploy on Microsoft Azure for IL5 environments.

Palantir and Microsoft have a track record of committed standards, including incorporating responsible privacy standards and ethical AI practices in their respective technologies. These positions reflect the values the two companies share in their product engineering and operating approach to engage with the complex challenges that public and private sector institutions face when implementing the latest technologies to advance their missions and remain at the competitive forefront.

As part of this partnership, Palantir and Microsoft will be providing the Defense and Intelligence Community with bootcamp experiences to trial the technology. To learn more and sign up for a bootcamp, visit our website.

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About Palantir Technologies Inc.
Foundational software of tomorrow. Delivered today. Additional information is available at https://www.palantir.com.

About Microsoft
Microsoft (Nasdaq "MSFT" @microsoft) creates platforms and tools powered by AI to deliver innovative solutions that meet the evolving needs of our customers. The technology company is committed to making AI available broadly and doing so responsibly, with a mission to empower every person and every organization on the planet to achieve more.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements may relate to, but are not limited to, Palantir's expectations regarding the amount and the terms of the contract and the expected benefits of our software platforms. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Forward-looking statements are based on information available at the time those statements are made and were based on current expectations as well as the beliefs and assumptions of management as of that time with respect to future events. These statements are subject to risks and uncertainties, many of which involve factors or circumstances that are beyond our control. These risks and uncertainties include our ability to meet the unique needs of our customer; the failure of our platforms to satisfy our customer or perform as desired; the frequency or severity of any software and implementation errors; our platforms' reliability; and our customer's ability to modify or terminate the contract. Additional information regarding these and other risks and uncertainties is included in the filings we make with the Securities and Exchange Commission from time to time. Except as required by law, we do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments, or otherwise.

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