Palantir Bullets #53
£330mn NHS Deal, Top AI ranking, Insider Sales, Building with AIP
Editor: Emanuele Marabella
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Palantir won the UK NHS Federated Data Platform contract for £330mn. With this contract, Palantir has the opportunity to help the UK transform its healthcare system. To have a sense of how important this is, consider that “the NHS is the fifth largest employer in the world and the largest non-military public institution."
Palantir has been recognized as the #2 Top AI Software company by Everest Group, after OpenAI. Companies needed to be AI Software first and have a B2B focus to qualify for the list. The ranking is based on overall AI revenue (40%), total funding received (30%), growth in funding during the last two years (15%), and market valuation (15%).
Palantir Insiders sold a total of ~2.2mn shares. Despite not being pleasing to see, management selling is not a worry to me as an investor. I prefer to spend time in understanding the business developments.
Palantir CEO Dr. Alex Karp received the prestigious Tech Freedom Award from the Krach Institute for Tech Diplomacy.
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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.