Palantir Soars on $178M Army AI Contract for Targeting System
• Palantir won a $178 million U.S. Army contract for project TITAN, a battlefield system using AI
• TITAN aggregates data for long-range precision targeting and battlefield planning
• PLTR stock surged 9% on the news, clearing an aggressive buy point
• Palantir aims to showcase its new AI platform at upcoming AIPCon event
• Palantir is expanding into commercial sectors like health care and manufacturing