Replies to post #28087 on The Rising Influence of Rising Affluence

[Whalatane]

PLTR

Palantir’s stock has been on a run for weeks after the company described demand for its artificial intelligence products as unprecedented — despite its having no pricing strategy and offering few specifics.

Palantir plans to provide more details on Thursday at an event in Palo Alto, California, featuring customers that are using its technology along with its own executives. During an interview with Bloomberg TV prior to the event, Karp said the 19-year-old company still has not developed a pricing plan.

“I know we have the best product in the market and I know customers will pay us fairly,” the CEO said. When it comes to AI tools, he said, “This is an infinite market.”

Palantir’s artificial intelligence platform, which it calls AIP, is a new product, but the company’s software for aggregating and analyzing data has included aspects of AI for years. Commercial customers including Airbus SE use predictive analytics to anticipate early maintenance problems, while defense forces in the US and Ukraine use Palantir’s AI to interpret satellite images.
In military contexts, AI could be useful for distinguishing images of, say, a hospital from a military compound.
Information is fed into Palantir’s larger software program to provide situational awareness to military commanders making battlefield decisions.

Kiwi