Palantir, Dubai Holding launch Aither JV

Dubai Holding, a diversified global investment company with investments in more than 30 countries, and Palantir (PLTR) Technologies have announced a strategic agreement to establish a joint venture – Palantir’s first in the UAE – named Aither. The partnership formalizes 18 months of operational collaboration that has already delivered measurable transformation across Dubai Holding’s portfolio, and will now scale these proven AI capabilities to strategic commercial sectors across the UAE, they said. Aither will serve as a national platform to accelerate AI adoption across Dubai’s priority industries, enabling both government and private-sector organizations to realize transformation at scale. The joint venture will directly contribute to the UAE’s national digital ecosystem and support the Dubai Economic Agenda, which aims to generate AED 100 billion annually through digital transformation initiatives. “Palantir’s mission is to equip our friends and allies with the tools they need to win,” said Alex Karp, co-founder and CEO of Palantir Technologies. “We are proud to partner with Dubai Holding to deploy Palantir’s world-class AI capabilities and further bolster Dubai’s position as a global innovation hub.”