Palantir Bets on AI and Partnerships to Compete with Tech Giants

Palantir is investing heavily in AI capabilities and winning government contracts. It recently won a major NHS contract and partnered with PwC.

Palantir aims to move out of the shadow of mega-cap AI competitors like Microsoft and Alphabet by expanding offerings to commercial customers.

The PwC partnership could be the first of many deals as corporations prepare for the AI age. Palantir's foundry platform appeals to commercial clients.

Palantir stock remains rangebound despite positive developments. Broader tech downtrend limits upside for now.

Wall Street analysts remain bullish on Palantir's growth prospects. Commercial tailwinds could drive stock higher through 2023.