Palantir Announces Major Collaboration with Google Cloud at AIPCon

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Jun 04 2026

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Collaboration with Google Cloud: Palantir announced a significant partnership with Google Cloud at the AIPCon conference, integrating its technology into Google Cloud's infrastructure with bidirectional data sharing, which is expected to enhance AI capabilities in daily operations and strengthen Palantir's competitiveness in the cloud computing market.
New Contract in Construction: McCarthy Building Companies signed a multi-million dollar, multi-year contract to implement Palantir's AI platform as the foundation for an enterprise-wide AI operating system, which will significantly enhance operational efficiency and drive digital transformation.
Insurance Sector Expansion: Mexican insurance leader GNP Seguros expanded its agreement with Palantir to leverage its AI technology for claims processing and fraud detection, which is expected to improve customer service quality and reduce operational risks.
Muted Market Reaction: Despite the announcement of multiple partnerships, PLTR shares showed little movement in premarket trading, with a market capitalization near $340.9 billion and a P/E ratio of 159.78, reflecting high market expectations for future growth, while insiders sold $132.8 million in shares over the past three months, indicating some lack of confidence.

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Technical Analysis for ONT

Technical Sentiment Analysis for Ontology (ONT). As of , Ontology (ONT) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for ONT stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, ONT is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Ontology (ONT) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.0353	0.0403	0.0442	0.0492	0.0531	0.0582	0.062
Fibonacci	0.0403	0.0437	0.0458	0.0492	0.0527	0.0548	0.0582

About ONT

Ontology is a project designed to bring trust, privacy, and security to Web3 through decentralized identity and data solutions. It is building the infrastructure to provide trusted access to Web3, allowing individuals and enterprises to rest assured that through regulatory compliant digital identity solutions, users and their privacy come first.The Ontology blockchain is a high speed, low cost public blockchain. It is designed to bring decentralized identity and data solutions to Web3, with the goal of increasing privacy, transparency, and trust. To achieve this, users and enterprises are provided with the flexibility to build blockchain-based solutions that suit their needs, while also ensuring regulatory compliance. Through Ontology’s Ethereum Virtual Machine (EVM), Ontology ensures frictionless compatibility with Ethereum, the first step in the creation of the Ontology Multi-Virtual Machine and further interoperability for the chain.At its launch, Ontology chose to forego the popular initial coin offering (ICO) model in favor of a series of community distributions and airdrops of its ONT cryptocurrency.This helped to quickly establish both organic price discovery and a passionate community and helped the project to avoid subsequent regulatory scrutiny.For example, for a brief period any person who signed up for the Ontology newsletter received an airdrop of free 1,000 ONT, which reached a value of $10 per token soon after the token became listed on major exchanges like Binance.Ontology launched its own MainNet on June 30, 2018 and has been up and running smoothly since.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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