Reported 4 days ago
In 2024, Palantir Technologies saw its stock price soar 357%, outperforming other major AI companies. The firm has successfully secured significant federal contracts, including a $400 million deal with the Army Vantage program and a separate up to $480 million deal with the Pentagon. These contracts underscore Palantir's growing influence in the defense sector, highlighting its strong position in government operations as it leverages AI technology.
Source: YAHOO