Posted 2/23/2024, 1:45:00 PM
Palantir Poised to Capitalize on Generative AI Boom with Surging Growth and Innovation
- Generative AI presents a massive economic opportunity, potentially worth over $1 trillion
- Palantir is a leader in AI research and software, with deep roots in government agencies
- Demand for Palantir's AI products is surging, with 70% growth in commercial revenue
- Palantir posted strong Q4 results, with revenue growth of 20% and 5th straight profitable quarter
- Despite 250% share price growth, Palantir stock remains cheap based on its growth prospects