Palantir Soars on Wall Street Buzz Over AI Platform and Big Data Deals
• Palantir's stock has rallied 54% so far this year, impressing Wall Street with its AI capabilities
• Analyst Daniel Ives believes Palantir is establishing itself as a leader in the "AI arms race" with its Artificial Intelligence Platform (AIP)
• Palantir hosted its AIPCon 3 conference recently, showcasing AIP adoption by customers
• Ives raised his price target on Palantir to $35, the highest on Wall Street, citing its AI momentum
• A recent $178 million Army contract win could lead to more government deals for Palantir