On April 28, 2026, Cleveland-Cliffs Inc. (NYSE: CLF) and Palantir Technologies (NYSE: PLTR) officially announced a multi-year strategic partnership to implement advanced artificial intelligence (AI) solutions across Cleveland-Cliffs’ manufacturing operations.
Key Details
Agreement Duration: A three-year strategic partnership.
Objective: To integrate Palantir’s AI platform into Cleveland-Cliffs’ internal processes, focusing on modernizing production planning, order entry, and overall operational workflows.
Functionality: The AI technology aims to provide real-time data integration across all facilities, enhancing the company’s ability to predict constraints and manage complex activities more efficiently.
Precedent: This formal agreement follows a successful pilot program where the Palantir platform was trialed within Cliffs’ integrated steelmaking operations.
Leadership Commentary
Lourenco Goncalves, Chairman, President, and CEO of Cleveland-Cliffs, described the collaboration as a “gamechanger.” He emphasized that the inherent complexity of integrated steelmaking necessitates AI to tackle problems beyond human capabilities and highlighted the strong cultural and policy alignment between both companies.
This partnership underscores the growing trend of adopting enterprise AI to boost productivity and maintain competitiveness within the global manufacturing sector.