Palantir Doubles Down On AI As Q2 Revenues Higher Than Expected

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Despite rising concerns that there is an AI bubble, Palantir had a strong second quarter in which it beat Wall Street’s expectations.

Credit: Marcos Alvarado/Alamy Stock Photo
Data analytics firm Palantir is betting big on artificial intelligence (AI), which continues to attract significant interest from investors despite rising uncertainty about its profitability potential and range of applications. Riding high on the AI wave, Palantir posted revenue of $678 million in...
Matthew Fulco

Matthew Fulco is Business Editor for Aviation Week, focusing on commercial aerospace and defense.

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