Palantir Embraces Nuclear Power With $100 Million Startup Deal

The US will need more nuclear power as it enters into greater competition with China, said Mike Gallagher, head of defense at Palantir Technologies Inc.

Palantir inked a deal with the Nuclear Company, a startup working on project development, the companies announced Thursday. The startup will pay data analytics firm Palantir $100 million over the next five years to develop artificial intelligence software specific to the nuclear industry.