This Was the 1 Number Wall Street Had Its Eyes on in Palantir's Earnings
"Artificial intelligence" (AI) is Wall Street's new favorite buzz word. But like all popular expressions that enter the mainstream lexicon, there now seems to be non-stop touting of AI-powered products and services everywhere you look. In particular, executives at technology companies are spurring investor enthusiasm by boasting about their AI capabilities.
When it comes to artificial intelligence (AI), many investors believe that the "Magnificent Seven" are the undisputed leaders. But while many megacap tech enterprises are contributing to the AI revolution, savvy investors understand that there are other options.
I see Palantir Technologies (NYSE: PLTR) as an exciting emerging major player among AI developers. Back in April, the company released its fourth major product: Palantir Artificial Intelligence Platform (AIP). But a couple of months following the release of AIP, a short report published by Edwin Dorsey labeled Palantir as an "AI imposter."
Source Fool.com
