35 AI News You Should Not Miss

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31. 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 was recently included into the S&P 500 and the shares are up over 160% year-to-date as AI momentum catapults the firm into global limelight. The stock rally has increased the market valuation of the firm to just under $100 billion. Analysts are overwhelmingly bullish on the company in light of the speed at which it is deploying AI software in both the public and private domains and expect the firm to cross the $100 billion barrier this year. Wedbush analyst Daniel Ives has an Outperform rating on the stock with a price target of $45.

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