The artificial intelligence (AI) chip specialist just delivered proof positive that the AI revolution is alive and well.
The past couple of years have been something of a whirlwind for Palantir ( PLTR -2.52% ) stock investors. When the artificial intelligence (AI) revolution kicked off in late 2022, it played to the company's strengths. With 20 years of data mining experience and AI expertise, Palantir quickly developed its Artificial Intelligence Platform (AIP), which has become the premier software system helping businesses make data-driven decisions. By integrating with existing business systems and layering generative AI on top, Palantir provides actionable insights in near real-time. Since the release of AIP in April 2023, Palantir has become a massive multibagger , with