AI
Palantir lifts annual revenue forecast again as AI demand accelerates
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Palantir Technologies on Monday raised its annual revenue forecast for the second time this year, expecting sustained demand for its AI-linked services from businesses and governments.
The data analytics and defense software firm is getting a boost from U.S. President Donald Trump’s focus on national security and a shift in the Pentagon’s software-buying process towards commercial and “non-traditional” providers.
Last week, the U.S. Army said it might purchase services of up to $10 billion from the company over a decade.
Palantir’s shares were up 4% in…
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