Intelligence firm Palantir shares closed 11% higher on Aug. 8 as the company announced a partnership with tech giant Microsoft to sell AI services and analytics to United States defense and intelligence agencies. In an Aug. 8 statement, Palantir shared that it would integrate with Microsoft’s secure cloud technology to deploy its “suite of products” — including its main data platforms Foundry, Gotham, Apollo, and AIP — to US defense agencies across a range of secret and top-secret environments. Palantir added that it would be an “early adopter” of Azure’s OpenAI Service in Microsoft’s top-secr…