Palantir to deploy AI products on Microsoft Azure for U.S. government agencies
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Palantir pact will allow Microsoft to increase the pace of AI implementation: Wedbush
August 9, 2024 9:16 AM EDTA recent partnership between Palantir (NYSE: PLTR) and Microsoft (NASDAQ: MSFT) is poised to significantly accelerate the adoption of artificial intelligence (AI) within U.S. government agencies, according to a note from Wedbush analysts.
The collaboration aims to develop an integrated technology suite that combines Palantir's AI-driven tools with Microsoft's secure cloud infrastructure, particularly for the Defense and Intelligence Community.
Wedbush explains that the partnership will enable Palantir to launch its... More
Palantir Technologies Inc. (PLTR) PT Raised to $30 at Citi
August 8, 2024 4:08 PM EDTCiti analyst Tyler Radke raised the price target on Palantir Technologies Inc. (NYSE: PLTR) to $30.00 (from $28.00) while maintaining a Neutral rating.
The analyst comments "We are updating our Palantir model following a strong FQ2 beat with accelerating growth led by a return... More
