Denver-based software firm Palantir Technologies secured a 10-year, $10 billion contract to improve the U.S. Army's military readiness and efficiency.

Palantir has been a key beneficiary of President Donald Trump's clampdown on cost efficiencies using artificial intelligence.

Denver-based software firm Palantir Technologies secured a 10-year, $10 billion contract to improve the U.S. Army's military readiness and efficiency.