08:05 AM EST, 03/05/2025 (MT Newswires) -- Palantir Technologies ( PLTR ) and TWG Global said Wednesday they are launching a joint venture to apply artificial intelligence to banking, investment management, insurance and other financial services.

Financial terms were not disclosed.

The joining venture will pair Palantir's ( PLTR ) AI infrastructure with management consulting firm TWG's financial services expertise, the company said.

The companies likened the initiative to creating an artificial workforce integrating AI into core business functions.