Palantir's Commercial Strategy Is Finally Paying Off
Palantir Technologies (NASDAQ: PLTR) has long been recognized for its work in the shadows -- helping government agencies, such as the Department of Defense and the CIA, make sense of vast amounts of data.
But for years, investors questioned whether it could ever succeed in the commercial world. While the company often emphasized commercial expansion, the numbers have historically lagged behind those of its core government business.
But that's changing -- and fast. Today, Palantir's commercial business is not just growing, it's accelerating. Thanks to the interest in artificial intelligence (AI) and the company's strategy, it may finally be building a sustainable and scalable engine outside public business.
Source Fool.com
