Latest news with #NuclearOperatingSystem
Business Upturn
14 hours ago
- Business
- Business Upturn
Palantir shares gain over 1% today as company announces AI partnership for nuclear energy infrastructure
By Aditya Bhagchandani Published on June 26, 2025, 20:40 IST Shares of Palantir Technologies (NASDAQ: PLTR) rose over 1% on Thursday, June 26, 2025, trading near $143.56 as of 11:07 AM ET, after the company unveiled a strategic product partnership with The Nuclear Company to develop AI-driven software for nuclear reactor construction. The new product, called NOS (Nuclear Operating System), will leverage Palantir's Foundry platform to help modernize and digitize the construction of gigawatt-scale nuclear plants across the U.S. The software aims to address key industry challenges such as cost overruns and schedule delays by providing real-time data analytics, supply chain tracking, predictive maintenance, and AI-based regulatory compliance support. Palantir highlighted that NOS will deliver schedule certainty, cost savings, problem prevention, and regulatory efficiency by embedding AI and large language models directly into site operations. The announcement aligns with President Donald J. Trump's recent executive orders targeting 400 GW of new nuclear capacity by 2050 and mandates for 10 large-scale nuclear reactors under construction by 2030. Palantir's latest nuclear project marks another step under its Warp Speed initiative, with engineering teams working closely with The Nuclear Company's staff to integrate nuclear data across multiple critical systems. The stock, which has a 52-week range of $21.23 to $147.67, saw intraday highs of $148.21 earlier today, reflecting investor optimism over Palantir's growing footprint in national infrastructure and defense-related projects. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Yahoo
15 hours ago
- Business
- Yahoo
Palantir (PLTR) Shares Climb on $100M Nuclear AI Deal
June 26 - Shares of Palantir Technologies (NASDAQ:PLTR) surged about 1.5% in Thursday's premarket trading after the company formed a $100 million partnership with The Nuclear Company to develop artificial intelligence tools for U.S. nuclear construction. Under the agreement, Palantir will co-build NOS, short for Nuclear Operating System, a software platform designed to streamline the construction of nuclear reactors using real-time data and predictive modeling. The system aims to make nuclear plant development faster, safer, and more cost-efficient, with the long-term goal of strengthening U.S. energy resilience. The Nuclear Company will fund the multi-year project with a commitment of approximately $100 million. The deal marks Palantir's first application of its AI systems to nuclear infrastructure, reflecting a broader push to support critical national capabilities amid growing electricity needs. The announcement comes shortly after new U.S. executive orders called for 400 gigawatts of nuclear power by 2050 and construction of 10 major reactors by 2030, largely to meet the energy demands of AI-driven technologies and data centers. Palantir's expansion into nuclear AI infrastructure could position the company as a key player in the evolving energy-tech landscape. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data
