In a recent podcast with Dan Nathan, Wedbush Securities‘ analyst Dan Ives expressed a bullish outlook on Palantir Technologies Inc. (NYSE:PLTR), emphasizing its significant role in the enterprise AI landscape despite lofty valuation.
What Happened: Ives believes that Palantir is uniquely positioned to exploit real-world enterprise use cases. This comes despite skepticism over Palantir’s high valuation. Palantir’s platforms, Gotham and Foundry, utilize AI and big data analytics to simplify complex data management and expedite decision-making.
Ives highlighted that Palantir is involved in “75 to 80 large AI enterprise deals”, with contracts typically ranging from $3-5 million, and some even reaching eight figures over multiple years.
Enterprises are not turning to Microsoft (NASDAQ:MSFT) or Oracle (NASDAQ:ORCL), according to Ives. Instead, they …
Full story available on Benzinga.com
In a recent podcast with Dan Nathan, Wedbush Securities‘ analyst Dan Ives expressed a bullish outlook on Palantir Technologies Inc. (NYSE:PLTR), emphasizing its significant role in the enterprise AI landscape despite lofty valuation.
What Happened: Ives believes that Palantir is uniquely positioned to exploit real-world enterprise use cases. This comes despite skepticism over Palantir’s high valuation. Palantir’s platforms, Gotham and Foundry, utilize AI and big data analytics to simplify complex data management and expedite decision-making.
Ives highlighted that Palantir is involved in “75 to 80 large AI enterprise deals”, with contracts typically ranging from $3-5 million, and some even reaching eight figures over multiple years.
Enterprises are not turning to Microsoft (NASDAQ:MSFT) or Oracle (NASDAQ:ORCL), according to Ives. Instead, they …
Full story available on Benzinga.com
In a recent podcast with Dan Nathan, Wedbush Securities‘ analyst Dan Ives expressed a bullish outlook on Palantir Technologies Inc. (NYSE:PLTR), emphasizing its significant role in the enterprise AI landscape despite lofty valuation.
What Happened: Ives believes that Palantir is uniquely positioned to exploit real-world enterprise use cases. This comes despite skepticism over Palantir’s high valuation. Palantir’s platforms, Gotham and Foundry, utilize AI and big data analytics to simplify complex data management and expedite decision-making.
Ives highlighted that Palantir is involved in “75 to 80 large AI enterprise deals”, with contracts typically ranging from $3-5 million, and some even reaching eight figures over multiple years.
Enterprises are not turning to Microsoft (NASDAQ:MSFT) or Oracle (NASDAQ:ORCL), according to Ives. Instead, they …Full story available on Benzinga.com Read Moreartificial intelligence, benzinga neuro, CRM, Dan Ives, Dan Nathan, Equities, MSFT, News, NOW, NVDA, ORCL, Palantir AI, PLTR, Markets, General, NOW, MSFT, US5949181045, NVDA, US67066G1040, ORCL, US68389X1054, CRM, US79466L3024, PLTR, News, Equities, Markets, General, Benzinga News
