Palantir revenue surges 48% as AI fuels explosive growth
Palantir Technologies reported a 48% year-over-year increase in Q2 revenue, topping $1 billion for the first time. The company credited the growth to “astonishing” demand for its AI platforms, which are increasingly integrated across government and commercial sectors. CEO Alex Karp highlighted strong uptake in defense and enterprise use cases, particularly for decision intelligence tools powered by large language models. Palantir also reaffirmed its guidance for continued profitability and expansion throughout 2025.
This milestone underscores the accelerating enterprise adoption of AI and positions Palantir as a key player in AI-driven operations management.
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