Wall Street’s Top 10 AI Stocks to Watch Right Now

8. Palantir Technologies Inc. (NASDAQ:PLTR)

Number of Hedge Fund Holders: 64

Palantir Technologies Inc. (NASDAQ:PLTR) is a leading provider of artificial intelligence systems. On March 4, the company announced that it has successfully deployed its specialized technological solutions within Societe Generale, a top tier European bank, for its international retail banking activities.

The bank has integrated Palantir’s state-of-the-art Anti Financial Crime solutions, built on the Palantir foundry, to leverage solutions such as advanced analytics, machine learning algorithms, and comprehensive risk assessment tools.

These solutions will help it in detecting, preventing, and mitigating financial crime’s risks such as fraud or money laundering. To conclude, this collaboration integrates Societe Generale’s industry expertise with Palantir’s technology to facilitate financial crime prevention across the bank’s retail networks.

“With financial crime becoming ever more sophisticated, advanced data analytics and integration have become ever more crucial to effectively combating it. We are proud to be part of this critical challenge for one of Europe’s most important financial institutions.”

 -François Bohuon, General Manager of Palantir France & EMEA Executive.