Palantir (PLTR) Awarded $463M Contract With U.S. Special Operations Command

Palantir (PLTR) has been awarded a $463M contract to provide software to U.S. Special Operations Command. George Tsilis joins Alex Coffey and Jenny Horne to discuss this. He talks about how PLTR's defense software portfolio includes large language models, advancements in edge processing, and edge A.I. He compares PLTR to C.3.ai (AI) and notes that that AI doesn't have the robust and stable revenue base that PLTR does. He goes over how PLTR will continue providing software to US Special Operations Command and that this profitable company hasn't scratched the surface of its profitable market. Finally, he looks at how PLTR is looking to provide A.I. support in the private and public sectors. Tune in to find out more about the stock market today.

Next Gen Investing

05 Jun 2023

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