12 AI Stocks on Wall Street’s Radar Today

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8. Palantir Technologies Inc. (NASDAQ:PLTR)

Number of Hedge Fund Holders: 63

Palantir Technologies Inc. (NASDAQ:PLTR) is a leading provider of artificial intelligence systems. On March 11, Ondas Holdings Inc. (NASDAQ:ONDS), a leader in autonomous drone and data solutions, announced that its wholly owned subsidiary, Ondas Autonomous Systems (“OAS”), has entered into a strategic partnership with Palantir Technologies Inc. (NASDAQ:PLTR) to enhance its autonomous drone operations. The collaboration will integrate Palantir’s Foundry platform into the Ondas Autonomous Systems (OAS), supporting the adoption of OAS’s Optimus System and Iron Drone Raider autonomous drone platforms worldwide.

Palantir Foundry’s AI-driven insights will enable Ondas to optimize supply chain, production workflows, and customer engagement strategies, in turn helping it to deliver superior value to commercial and military customers. According to Eric Brock, Chairman and CEO of Ondas, Foundry and other Palantir capabilities will allow access to a comprehensive AI-enabled infrastructure that supports their business expansion. Foundry’s AI-driven insights will be particularly helpful as they deploy their Optimus and Iron Drone platforms.

“We are excited to partner with Ondas to scale their autonomous drone solutions. Foundry’s ability to integrate siloed data sources and enable real-time analytics will empower Ondas to make faster, data-driven decisions, ensuring their customers-across industries and defense-operate with greater efficiency and resilience.”

-Kevin Kawasaki, Global Head of Business Development at Palantir.

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