Big Tech Leads AI Revolution

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AI revolution

The Motley Fool

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Technology

Could This Artificial Intelligence (AI) Newcomer Be the Next Nvidia?

Summary

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78% Informative

Palantir Technologies ( NASDAQ : PLTR ) is one of the leading AI-powered companies in the world.

The company recently released its fourth major product called the Artificial Intelligence Platform (AIP) In the table below, I've included a number of key performance indicators that illustrate the impact that AIP is having on the company.

Nvidia 's tight grasp on the market puts it in position to continue acquiring incremental market share.

Palantir may struggle to create a similar "lock-in" dynamic like Nvidia has managed to do.

Despite its importance in data processing and making LLMs more useful, I question whether enterprise software is truly indispensable.

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