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Palantir Warns Against Chinese AI While Forecasting Strong 2025 Growth
Key Highlights:
• Palantir advises against DeepSeek AI: The company urges clients, especially in the U.S. government, to avoid using AI models from Chinese startup DeepSeek due to national security concerns.
•...
L3Harris Technologies (NYSE: LHX) and Palantir Technologies Inc. (NYSE: PLTR) announced a major strategic partnership on October 23, 2024, aimed at revolutionizing defense capabilities and accelerating L3Harris' digital transformation. This collaboration combines L3Harris' expertise in sensors...
Palantir Technologies Inc. (NYSE: PLTR) has experienced a remarkable stock surge of over 160% year-to-date (YTD), largely driven by its advancements in artificial intelligence (AI) and strong investor confidence in the sector. The company’s market value is now approaching $100 billion, putting...
Palantir Technologies, a company specializing in government and commercial data analytics, has hit new stock price highs following its acquisition of 1.1 million shares in Faraday, a small electric vehicle (EV) manufacturer. Faraday currently has a market capitalization of roughly $30 million...
Palantir Technologies' stock saw significant gains on Tuesday, leading the S&P 500, after a bullish outlook from Ark Invest, which indicated software companies could have more upside in the ongoing AI boom.
Rahul Bhushan, Managing Director at Ark Invest Europe, shared insights during a CNBC...
Palantir Technologies Inc. (PLTR) has secured a pivotal contract with the U.S. Army for its AI capabilities, a significant milestone as the company continues its rapid expansion, especially after its recent inclusion in the S&P 500. Additionally, CEO Alex Karp's plans to sell $1 billion in stock...
Palantir Technologies Inc. (NYSE: PLTR) has secured a multi-million-dollar contract to revolutionize the healthcare sector by leveraging advanced artificial intelligence (AI) technologies. The contract highlights Palantir's strategic focus on deploying AI to address critical needs within...
COMPANY OVERVIEW:
Founded: 2003
Business Focus: Palantir Technologies specializes in data analytics, artificial intelligence (AI), and machine learning. Its primary platforms, Palantir Gotham and Palantir Foundry, enable organizations to integrate, manage, and analyze large datasets for...
Palantir Technologies Inc. (PLTR) has secured a $100 million contract from the US Department of Defense to expand the use of its Maven Smart System, an AI-based digital warfare platform. This contract will increase access to Palantir’s artificial intelligence targeting tools for US military...
Palantir Technologies Inc. (NYSE: PLTR) has signed a significant multi-year, multi-million-dollar contract with Nebraska Medicine to revolutionize patient care using its cutting-edge Artificial Intelligence Platform (AIP). The partnership, which commenced in January 2024, is geared toward...
Palantir Technologies (NYSE: PLTR) has had a strong year, with its stock up over 100% and a market capitalization of $80 billion. The company's revenue is accelerating, it has begun generating positive earnings, and free cash flow is improving. Palantir recently announced it will join the S&P...
Palantir Technologies (PLTR) has reached a significant milestone with its inclusion in the S&P 500 Index, effective before the start of trading on September 23, 2024. This development, announced by S&P Dow Jones Indices, has been eagerly anticipated by investors, signaling Palantir’s growing...
Summary: Sompo, a leading global insurance provider, has embarked on a significant digital transformation journey by partnering with Palantir Technologies to integrate advanced AI solutions into its operations. Over the next three years, Sompo will leverage Palantir's Foundry and AI Platform to...
Palantir Technologies Inc. (NYSE: PLTR) CEO Alex Karp took a resolute stance in defending the company’s controversial partnerships with military and government agencies, despite facing intense criticism. In a recent interview with the New York Times, Karp asserted that Palantir will not back...
Palantir Technologies Inc. (NYSE) today announced financial results for the second quarter ended June 30, 2024.
Q2 2024 Highlights
Revenue Growth: Revenue grew 27% year-over-year and 7% quarter-over-quarter to $678 million.
US Commercial Segment:
US commercial revenue increased by 55%...
Palantir Technologies Inc. (NYSE: PLTR), a leader in AI systems for modern enterprises, has announced a multi-year partnership with Tree Energy Solutions (TES), a global leader in the production of electric natural gas (e-NG) derived from green hydrogen. The partnership aims to leverage...
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