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Palantir Technologies Inc. (NASDAQ:PLTR<\/a>) and Lumen Technologies Inc. (NYSE:LUMN<\/a>) have announced a \u201cformative\u201d multi-million dollar partnership to embed PLTR\u2019s Artificial Intelligence Platform (AIP) into Lumen\u2019s network infrastructure, a move executives say will unclog America\u2019s \u201cdata super highways\u201d and accelerate AI adoption for businesses.<\/p>\n In a FOX Business interview<\/a>, Palantir CEO Alex Karp and Lumen CEO Kate Johnson described the deal as essential for modernizing U.S. infrastructure to handle the massive burden of AI.<\/p>\n Karp explained the partnership could transform fixed assets into modern infrastructure capable of processing data \u201c200x faster\u201d and \u201cincrementally cheaper.\u201d<\/p>\n Lumen CEO Kate Johnson called the combined offering \u201cthe holy grail for businesses.\u201d<\/p>\n Trending: Missed Nvidia and Tesla? RAD Intel Could Be the Next AI Powerhouse \u2014 Invest Now at Just $0.81 a Share<\/a><\/p>\n \u201cIt\u2019s all about real-time intelligence,\u201d Johnson said. \u201cYou need to be able to move huge amounts of data… and that\u2019s what Lumen does. And you need… to be able to make sense of it, and that\u2019s the AI platform that Palantir has.\u201d<\/p>\n While Karp declined to confirm the deal\u2019s reported $200 million price tag, he called it a \u201cvery large deal\u201d and \u201cformative for us.\u201d<\/p>\n Before offering the solution to customers, Lumen is serving as \u201ccustomer zero,\u201d using Palantir\u2019s platform to overhaul its own operations.<\/p>\n Johnson said Palantir\u2019s software is helping Lumen \u201cset that data free\u201d from thousands of internal applications to achieve two goals: \u201ctake a bunch of cost out of our business\u201d and \u201caccelerate our transformation.\u201d<\/p>\n Johnson confirmed she is \u201con our way\u201d to a public commitment of taking $1 billion in costs out of Lumen, with Palantir as an \u201cinstrumental part\u201d of that effort.<\/p>\n See Also: Accredited Investors Can Now Tap Into the $36 Trillion Home Equity Market \u2014 Without Buying a Single Property<\/a><\/p>\n Both CEOs framed the partnership as critical for U.S. competitiveness and national security. Johnson noted a \u201cpretty big gap between what\u2019s needed to thrive in the AI economy and what we have today,\u201d while Karp warned that older telco infrastructures \u201creally can\u2019t support the burden that AI places on the network.\u201d<\/p>\n Karp, who has long warned of an AI arms race, stated the urgency is non-negotiable. \u201cWe\u2019re in an arms race here… We\u2019re going to have AI and determine the rules or our adversaries will have it and they determine the rules,\u201d he said.<\/p>\n Story Continues <\/p>\n PLTR shares rose 1.81% in premarket on Monday. It was up 310.56% over the year and 145.55% on a year-to-date basis, outperforming the S&P 500\u2019s 15.73% YTD gains.<\/p>\n It maintained a stronger price trend over the short, medium, and long terms, with a poor value ranking, as per Benzinga\u2019s Edge Stock Rankings. Additional performance details are available here.<\/a><\/p>\n Photo courtesy: Shutterstock<\/p>\n Trending Now:<\/p>\n Building a resilient portfolio means thinking beyond a single asset or market trend. Economic cycles shift, sectors rise and fall, and no one investment performs well in every environment. That’s why many investors look to diversify with platforms that provide access to real estate, fixed-income opportunities, professional financial guidance, precious metals, and even self-directed retirement accounts. By spreading exposure across multiple asset classes, it becomes easier to manage risk, capture steady returns, and create long-term wealth that isn’t tied to the fortunes of just one company or industry.<\/p>\n Backed by Jeff Bezos, Arrived Homes makes real estate investing accessible with a low barrier to entry. Investors can buy fractional shares of single-family rentals and vacation homes starting with as little as $100<\/a>. This allows everyday investors to diversify into real estate, collect rental income, and build long-term wealth without needing to manage properties directly.<\/p>\n Vinovest lets investors diversify into fine wine<\/a> \u2014 a historically stable, low-volatility asset class that has outperformed the S&P 500 over multiple decades<\/a>. With professionally managed portfolios, secure storage, and insurance included, users can invest in wine without needing to be experts themselves. Minimums start at $1,000, and investors retain full ownership of their wine, which has the potential to appreciate in value as global demand grows.<\/p>\n For those seeking fixed-income style returns without Wall Street complexity, Worthy Property Bonds offers SEC-qualified, interest-bearing bonds starting at just $10<\/a>. Investors earn a fixed 7% annual return, with funds deployed to small U.S. businesses. The bonds are fully liquid, meaning you can cash out anytime, making them attractive for conservative investors looking for steady, passive income.<\/p>\n Self-directed investors looking to take greater control of their retirement savings may consider IRA Financial. The platform enables you to use a self-directed IRA or Solo 401(k) to invest in alternative assets such as real estate, private equity, or even crypto<\/a>. This flexibility empowers retirement savers to go beyond traditional stocks and bonds, building diversified portfolios that align with their long-term wealth strategies.<\/p>\n Moomoo isn’t just for trading \u2014 it’s also one of the most attractive places to park cash. New users can earn a promotional 8.1% APY on uninvested cash<\/a>, combining a 3.85% base rate with a 4.25% booster once activated. On top of that, eligible new users can also score up to $1,000 in free Nvidia stock\u2014but the real draw here is the ability to earn bank-beating interest rates without having to move into riskier assets.<\/p>\n SoFi gives members access to a wide range of professionally managed alternative funds<\/a>, covering everything from commodities and private credit to venture capital, hedge funds, and real estate. These funds can provide broader diversification, help smooth out portfolio volatility, and potentially boost total returns over time. Many of the funds have relatively low minimums, making alternative investing accessible.<\/p>\n Range Wealth Management takes a modern, subscription-based approach to financial planning. Instead of charging asset-based fees, the platform offers flat-fee tiers that provide unlimited access to fiduciary advisors along with AI-powered planning tools<\/a>. Investors can link their accounts without moving assets, while higher-level plans unlock advanced support for taxes, real estate, and multi-generational wealth strategies. This model makes Range especially appealing to high-earning professionals who want holistic advice and predictable pricing.<\/p>\n For investors concerned about inflation or seeking portfolio protection, American Hartford Gold provides a simple way to buy and hold physical gold and silver within an IRA or direct delivery<\/a>. With a minimum investment of $10,000, the platform caters to those looking to preserve wealth through precious metals while maintaining the option to diversify retirement accounts. It’s a favored choice for conservative investors who want tangible assets that historically hold value during uncertain markets.<\/p>\n This article Alex Karp Says New Lumen Deal Can Make AI Data ‘200x Faster,’ ‘Incrementally Cheaper:’ ‘The Holy Grail For Businesses’<\/a> originally appeared on Benzinga.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Palantir…\n","protected":false},"author":2,"featured_media":107666,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[220,34626,218,219,20651,61,60,63398,65867,30109,2721,9115,80],"class_list":{"0":"post-107665","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-alex-karp","10":"tag-artificial-intelligence","11":"tag-artificialintelligence","12":"tag-fox-business","13":"tag-ie","14":"tag-ireland","15":"tag-kate-johnson","16":"tag-lumen","17":"tag-lumen-technologies","18":"tag-palantir-technologies","19":"tag-real-estate","20":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/107665","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=107665"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/107665\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/107666"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=107665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=107665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=107665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}