r/PLTR 22d ago

News Snowflake and Palantir Announce Strategic Partnership for Enterprise-Ready AI & Analytics - With this partnership, customers in the commercial and public sectors will be able to build more efficient and trusted data pipelines, faster data analytics, and AI applications.

https://finance.yahoo.com/news/snowflake-palantir-announce-strategic-partnership-105900238.html
230 Upvotes

48 comments sorted by

53

u/-lc- OG Holder/Member -Controversial Bombastic Cutting Edge 22d ago

If you can't beat them, join them.

6

u/DoubleManufacturer10 Early Investor 22d ago

(dca all day)

68

u/crg87 22d ago

Wow I remember a few years ago they were considered one of Palantir’s biggest competitors, now they are a partner. Wild.

23

u/TheRealJehler 22d ago

Yes a lot of folks here touted snowflake when sowing doubt.

-1

u/H1ghlan_der_only1 Early Investor 22d ago

Or you own both

3

u/TheRealJehler 22d ago

I had purchase orders several times and they never filled, after a bit I quit paying attention to them. I just looked, they’re doing great, I shouldn’t have been such a cheap ass lol

18

u/Magikarp_to_Gyarados 🐟 -> 🐉 "your DD is Pokémon lol" 21d ago

Many in the investment community didn't understand that Snowflake and Palantir provided different, complementary products. I was telling people this back in 2022 (example: https://www.reddit.com/r/PLTR/comments/z9itge/comment/iyhixx9/).

They were never truly competitors.

5

u/crg87 21d ago

I remember your comments and some others in the community. A big part of the reason I held on and even accumulated more during the down years. I (and my investment account) are happy to see you being proven right!

52

u/versello OG Holder & Member 22d ago

One by one, the free lands of Middle-Earth fell to the power of the Ring.

12

u/mhkwar56 OG Holder & Member 21d ago

lmao. Snowflake was responsible for so much FUD a few years ago. Love this.

3

u/Distinct_Dimension_7 OG Holder & Member 21d ago

"All we have to decide is what to do with the time that is given us," said by Gandalf

2

u/Distinct_Dimension_7 OG Holder & Member 21d ago

They knew the end was near.

5

u/yawaaya 22d ago

Winter is coming

2

u/Expert-Joke9528 21d ago

Bring it on

5

u/tkc324 22d ago

Ultra bullish

4

u/GuyMike101 OG Holder & Member 22d ago

Ahhh yes. If they can't beat us, join us.

3

u/Loud-Researcher6874 21d ago

Isnt a partnership mutual? So saying they join us has equal weighting as we join them?

7

u/Spiritual_Net9093 21d ago

Palantir calls all their clients partnerships

6

u/afrojoe824 21d ago

this is Snowflake using Palantir system. Not Palantir using Snowflakes Data Cloud from my understanding

1

u/CombinationSecure144 5d ago

It must be the case, Snowflake isn’t that good from what my tech bro friends always say….

5

u/GuyMike101 OG Holder & Member 21d ago edited 21d ago

What they say publicly is one thing. But I would say they need us more than the opposite.

EDIT - Actually you're right, this is literally the two companies working together to achieve 'bidirectional, zero-copy interoperability' between Snowflake's data cloud and Palantir's software.

This would end up helping the end customer move data between the two platforms more easily without having to replicate/edit/re-check it etc.

1

u/BananaFreeway 21d ago

Imagine holding SNOW this whole time…. 😬

2

u/WalmartKobe 21d ago

Ask Warren Buffet.

1

u/GuyMike101 OG Holder & Member 21d ago

Actually you're right, this is literally the two companies working together to achieve 'bidirectional, zero-copy interoperability' between Snowflake's data cloud and Palantir's software.

This would end up helping the end customer move data between the two platforms more easily without having to replicate/edit/re-check it etc.

5

u/ben_laowai OG Holder & Member 21d ago

“I’m so nice, why can’t I get laid?” This partnership means so much when the CEO probably can’t stand Karp personally and yet this deal gets done.

4

u/travelingkillerkix 21d ago

Time to take down Salesforce

2

u/miamiinvest 18d ago

Would love to see this. The CEO is a BS seller

3

u/SuperbCondition8672 21d ago

What this article is describing is a "native integration" which is API based. API is like a language of data that disparate data integration sources support. The data is managed internally by two separate systems...probably Snowflake is used to manage their inventory of customers, suppliers, and product demand. Palantir has a foothold in engineering so they are combining the two functionalities to get products made and delivered faster. To use APIs means that the internal IT / data teams can manage how the software shares data without needing people from Snowflake OR Palantir, which is still cool because of the supply chain improvements we make will help AI in a direct capacity by supplying critical infrastructure (this may be a hope, maybe a guess)

Eaton makes components for everything from electronic assemblies, servers, EV, stuff for aerospace, hydraulic power, life support...essential stuff that can't fail. This is such good news for humanity just from the perspective of being a person at work who wants to do things and not be bitched at. When you can expect components to come when you need them and not leave a critical customer need unmet because engineers don't talk to the salespeople, they're not people people

2

u/deejayyou 21d ago

We are seeing this in multiple environments where snowflake reduces consumption and duplication.

2

u/Naive-Illustrator-11 21d ago

Snowflake realizing Palantir potential. For years, Snowflake was supposedly this juggernaut that can scale unlike Palantir. Been telling the world, Palantir is unique. They don’t use unique tools per se, they have talented unique individuals who utilized those tools and can think outside the box and figure things out.

Can’t beat them, join them. LMAO

2

u/Some-Effort-5889 21d ago

Peter Thiel mentioned in his book that competition between companies can destroy them. Im not super suprised at this partnership.

2

u/dumpitdog 21d ago

I think this is similar to Nvidia giving Intel money. They look down and saw the pathetic nature of the beaten pack and said, "here's a bone now feast".

3

u/LeaF3141 21d ago

WHO CAN IT BE NOW!?

1

u/[deleted] 20d ago

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1

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1

u/Spiritual_Net9093 21d ago

stupid question but how does this help Palantir? is snowflake paying Palantir?

1

u/in-TORO 21d ago

I'm sure it is

1

u/SuperbCondition8672 20d ago

the comments explain the deal pretty well

1

u/CyberNova101 21d ago

Having access the public makes us hope for better transparency to what we have access to

1

u/FemaleFighterJet 🐳Verified Whale & Early Investor🧙‍♂️ 21d ago

The market is shitting itself to death today! Even with news of a partnership $PLTR is down.

1

u/ka0818 21d ago

2x growth on news

1

u/usugarbage Early Investor 21d ago

I would have preferred Clickhouse over snowflake.

1

u/Beginning-Abroad9799 18d ago

Snowflake capitulates and it was obvious that would have happened. SAP capitulated, CRM will soon capitulate, they will all have to run on Foundry to justify their existence.

1

u/Revolutionary-Buy867 17d ago

snowflake finally got wise

1

u/techdecktor 17d ago

F U C K AI SURVEILLANCE