20 Trending AI Stocks on Latest News and Analyst Ratings

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9. Palantir Technologies Inc. (NYSE:PLTR)

Number of Hedge Fund Holders: 44  

Palantir Technologies Inc. (NYSE:PLTR) builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations. The company recently announced that it had entered into a new multi-year, multi-million-dollar contract for the artificial intelligence platform it markets to help improve healthcare through transformational technologies. The contract, with health firm Nebraska Medicine, would help the latter build on a year-long partnership that has seen Nebraska implement more than ten applications of AIP, improving patient throughput and expanding claims.

Palantir Technologies Inc. (NYSE:PLTR) chief Peter Thiel recently filed to sell up to $1 billion worth of Palantir shares, per media reports. Thiel made the disclosure last month through an investment vehicle named Rivendell 7 LLC. Thiel last sold Palantir stock just before May, when he sold 13 million shares for an aggregate price of more than $273 million.

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