🛰 Deals Beyond Space | Palantir Bullets #83
ARPA-H, Starlab Space, Analyst's SELL
In case you missed it, in my latest article I documented my experience at AIPCon:
🎸 The Woodstock of AI: Inside Palantir's AIPCon
Editor: Emanuele Marabella Palantir aims to take the whole AI market. Last week I saw this firsthand. Based on the success of the previous editions, Palantir hosted the fourth AIPCon, which I had the pleasure to attend. Let me navigate you through my experience at the Woodstock of AI!
Editor: Emanuele Marabella
Last week:
Palantir signed a 2y $19mn deal with Advanced Research Projects Agency for Health (ARPA-H) to accelerate health outcomes with AI using Foundry and AIP.
Palantir partnered with Starlab Space, a joint venture between Voyager Space, Airbus, and Mitsubishi. Palantir will become the exclusive supplier of data management software for the Starlab commercial space station.
Palantir received analysts’ updates:
Argus Research starts coverage on Palantir with a $29 price target noting that “The company is giving the market what it wants in terms of margin expansion and profitability.”
Stephen Guilfoyle increased his target to $31 from $29 as Palantir is “well ahead of other software providers, of other big-data providers on the AI side.”
Moness Crespi downgraded the stock with a $20 target, citing that “AI is generating a revenue illusion this year.”
CEO Alex Karp participated in an interview with Pfizer CEO to discuss the Israeli-Hamas war and antisemitism (full clip by @Jawwwn)
CTO Shyam Sankar participated in The Merge to discuss military innovation (full podcast).
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Disclaimer: The views and opinions expressed above are current as of the date of this document and are subject to change without notice. Materials referenced above will be provided for educational purposes only. None of the above will include investment advice, a recommendation or an offer to sell, or a solicitation of an offer to buy, any securities or investment products.
really excellent content.