WASHINGTON — The Pentagon is dramatically increasing spending on artificial intelligence for military operations, raising the contract ceiling for Palantir Technologies’ Maven Smart System to nearly $1.3 billion through 2029.
The Defense Department announced May 21 it is upping the spending limit for software licenses under Maven by $795 million, compared to a ceiling of $480 million just a year ago. The new funding is specifically for U.S. combatant commands, which oversee…
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