Palantir posted a record profit in the first quarter as demand for its AI solutions remains strong.
Credit: Kristoffer Tripplaar/Alamy Stock Photo
If artificial intelligence (AI) is overhyped or even in a bubble, Palantir Technologies’ customers did not get the memo. The data analytics firm posted a record net profit in the first quarter (Q1) of $106 million and revenue of $634.3 million, exceeding Wall Street’s expectations. A common use for...
Subscription Required
Palantir Flies High In Q1 Thanks To AI Boom is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
Already a member of AWIN or subscribe to Aerospace Daily & Defense Report through your company? Login with your existing email and password.
Not a member? Learn how you can access the market intelligence and data you need to stay abreast of what's happening in the aerospace and defense community.
Related Content
