Palantir's other metrics showed that its AI platform (AIP) is continuing to drive growth and separate it from the competition. Its U.S. commercial remaining deal value, a proxy for its business backlog, jumped 99% to $1.79 billion, and U.S. commercial total contract value jumped 134% to $803 million.

Palantir Technologies Inc.’s PLTR share price has surged by 23.99%, which has investors questioning if this is right time to sell.

Palantir Technologies reported strong revenue growth last quarter as the company that made its name providing software to the U.S. government said demand for its artificial intelligence products continues to expand.

You can't spell gains without "AI" In the fourth quarter, Palantir generated revenue that accelerated to 36% year over year (and 14% sequentially) to $828 million. This resulted i

Key Takeaways Palantir Technologies shares soared to an all-time high Tuesday, a day after the company's outlook blew past analysts' expectations on strong demand for its Artificial Intelligence Platform.

Palantir Technologies recently reported stellar fourth-quarter financial results that propelled its market value to $230 billion. But some Wall Street analysts think Advanced Micro Devices ( AMD -6.27%) and ServiceNow ( NOW 1.

Palantir executives welcomed the advent of low-cost artificial intelligence. Other software stocks could also see benefits from cheaper AI.