# Palantir Technologies (PLTR) is no longer just a defense contractor with a promising commercial story.

*business · news · 2026-05-04 · Barchart*

## Key points

- Palantir signed a three-year partnership with Cleveland-Cliffs to embed AI in steel production workflows.
- Palantir secured a $300 million Blanket Purchase Agreement with the USDA to modernize farmer services.
- Palantir renewed and expanded its partnership with Stellantis, introducing the AI Platform across more business functions.
- Palantir's U.S. commercial revenue grew 137% year-over-year in Q4 2025, reaching $507 million.
- As of Q4 2025, Palantir's Rule of 40 score hit 127%, over three times the healthy benchmark.

**Companies:** Palantir Technologies, Stellantis, Cleveland-Cliffs
**Countries:** United States

[Read the full story on Barchart](https://www.barchart.com/story/news/1686264/as-palantir-lands-a-deal-with-cleveland-cliffs-should-you-buy-sell-or-hold-pltr-stock)

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