🔥 CLIENTS ARE HUNGRY | Palantir Bullets #29

This week's Palantir developments and the crowned “Tweet of the Week”

Arny Trezzi

and

Emanuele Marabella

Jun 6, 2023

Editor: Emanuele Marabella

Hi, I’m Arny. Thank you for joining 2.040 investors who receive the deepest Palantir research. Please hit the ❤️ button if you enjoy today’s article.

PLTR -1.77%↓ last week:

Palantir held AIPCon where clients showcased the results of its new Artificial Intelligence Platform. Among the clients: Jacobs, Cleveland Clinics, Cisco.

“We've had a number of inbound calls in a year that we usually have in a year in like a month” - Alex Karp, Palantir CEO

Karp had an interview with Bloomberg where he provided the rationale behind Palantir's “no pricing strategy” approach in selling its new AIP product.

"If you create value you want to be paid later. If you sell a PPT you want to be paid in advance." - Alex Karp, Palantir CEO

The Bear Cave, one of the most prominent Substack newsletters focused on corporate misconduct, wrote a report on Palantir calling it an “AI imposter.”

“The Bear Cave believes Palantir is an AI imposter engaging in spurious games to inflate its books and obfuscate its less sexy role as an overhyped data consultant.” - The Bear Cave

Palantir and Jacobs expand their partnership to leverage Palantir's AI capabilities to commercialize new AI solutions spanning critical infrastructure, advanced facilities, and supply chain management.

“We are already deploying AI to optimize the entire water life cycle, from day-to-day management to long-term planning and design, and now we're diving deeper across new sectors." - Jacobs EVP & President

Shyam Sankar, Palantir CTO sold ~$15mn worth of stocks.

The Financial Times wrote an article on Palantir underscoring how the interest in AI has given the company back its mystique.

“Because it is grounded in customers’ specific data, it should avoid hallucinations — the false answers that plague other chatbots.” - Financial Times

Palantir participated at the GLOBSEC 23 Bratislava Forum, a global think-tank committed to enhancing security, prosperity, and sustainability in Europe and throughout the world.

“I am looking forward to further examinating the complexity of the role of software in modern warfare and especially how it is that we as an alliance take a greater advantage.” - Wendy R. Anderson, Palantir Senior VP Federal, National Security

@MrAndrewSalamon greatly summarized the must-know points on Palantir.

Palantir is sponsoring the Ukrainian tennis player Elina Svitolina at Roland Garros 2023.

Tweet of the week

Yours,
Arny

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