Palantir surged 20% on forecast for profit every quarter in 2023, AI demand.
Palantir Technologies said on Monday it expects to turn a profit every quarter in 2023, betting on interest "unlike anything we have seen" in its new artificial intelligence platform,
The data analytics software maker, known for its work with the U.S. Central Intelligence Agency, also beat first-quarter revenue and profit expectations on bigger projects from existing commercial and government clients.
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