HD Hyundai and Palantir expand strategic partnership across the group

HD Hyundai and Palantir Technologies Inc. have strengthened their strategic relationship, deepening their alliance. For Palantir, the partnership is the largest and longest-term of its kind in Korea and will significantly expand the adoption of Palantir Foundry and Artificial Intelligence Platform (AIP) across the HD Hyundai Group.

The collaboration builds on a successful track record that began at HD Hyundai Oilbank in 2021 and expanded to subsidiaries in shipbuilding and construction equipment. Foundry and AIP are now at the core of HD Hyundai Oilbank’s connected refinery operations, strengthening the foundation for the shipyard of the future and accelerating construction equipment development. At HD Hyundai Oilbank, the platforms have already delivered tangible results in refining operations, crude oil selection, predictive maintenance, and sensor data analysis. In the shipbuilding division, they are driving the shipyard of the future initiative. Palantir’s platforms serve as an orchestration layer, complementing digital twin and 3D modeling efforts led by other technology partners.

The collaboration expands platform access and cooperation across HD Hyundai’s businesses, including electrical systems, robotics, and marine aftermarket services, bringing advanced AI technologies and capabilities to the broader HD Hyundai ecosystem. Some affiliates are using Palantir Foundry and AIP for the first time.

Recent pilot programs and ongoing integration efforts at HD Construction Equipment underscore the companies’ shared commitment to operational excellence, supply chain synergies, and digital transformation. The collaboration is also expanding into new areas, such as robotics and electrical systems, supporting growth and efficiency across the group.

Over the next few years, Palantir plans to work with HD Hyundai to establish a Center of Excellence for Foundry and AIP, building capabilities so employees throughout HD Hyundai can use advanced analytics and AI and helping foster a new wave of AI-powered innovation.

Chung Ki-sun, Chairman of HD Hyundai, said, “This expanded strategic partnership marks an important turning point in connecting data and workflows across HD Hyundai in a single, integrated system, enabling faster and more sophisticated decision-making. Palantir is a partner with a proven global track record in AI-powered analytics, and this collaboration will provide significant support for HD Hyundai’s digital transformation.”

Alex Karp, co-founder and CEO of Palantir Technologies, said, “HD Hyundai is a pioneer and global leader in industry, and the expansion of our collaboration opens an exciting new chapter. We look forward to advancing our strategic collaboration, devoting ourselves to driving the group’s competitiveness, and continuing to build together.”

This renewed and expanded partnership represents a strong commitment to creating value and impact across HD Hyundai’s portfolio. This group-wide initiative will make it easier to drive synergies and efficiency among subsidiaries and affiliates, and will be implemented in close alignment with HD Hyundai’s digital transformation strategy.

This press release was prepared by Palantir Technologies Inc. and distributed through the Newswire service.