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Palantir Technologies

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Palantir expands sovereign AI as L3Harris reports 95% lower model costs

Palantir has disclosed new enterprise deployments spanning defence, construction, semiconductor supply chains and healthcare, with customers reporting substantial improvements in specific AI workflows. The developments strengthen its sovereign AI strategy, although customer-reported performance gains are not equivalent to audited financial returns or guaranteed recurring revenue.
Palantir Technologies has evolved from its intelligence and defence roots into a broader artificial intelligence and data software platform spanning government, manufacturing, healthcare, energy, finance and logistics. Representative image.
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Palantir Technologies company profile: How AIP accelerated its rise into a $400bn AI giant

Palantir Technologies Inc. has transformed from a specialist government data-software supplier into one of the fastest-growing artificial intelligence companies in the public markets. Q2 2026 revenue surged 93%, United States commercial revenue jumped 149% and operating margins expanded sharply, but a valuation above $400 billion means investors are already paying for years of exceptional execution.