12:34 PM EDT, 05/28/2025 (MT Newswires) -- Palantir Technologies ( PLTR ) is collaborating with Fannie Mae to launch an artificial intelligence-powered Crime Detection Unit, Fannie Mae said Wednesday.

The new platform will support the detection and prevention of mortgage fraud across the US housing market.

Financial terms of the collaboration were not disclosed.

Shares of Palantir ( PLTR ) were up 1.4% in recent trading.

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