$Palantir Technologies Inc.(PLTR)$ PLTR it may be expensive for a reason. A key reason is Palantir's ontology, which is how Palantir's software makes large language models (LLMs) useful. In layman's terms, Palantir's ontology allows businesses to get useful insight from their AI investments. Without a useful ontology, AI has little value for companies. However, as Palantir continues to stack up contracts from both the government and commercial sides, it's clear that many people are seeing the value in Palantir's software. It's also important to note that Palantir's platform gives its customers the ability to leverage multiple LLMs so customers can experiment with the strengths of various models within the same platform.
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