Few companies have reacted as much to Trump’s presidential election victory as Palantir Technologies (NYSE: PLTR), a data analytics and artificial intelligence (AI) company with a strong defense and enforcement focus. of the law. The company has added billions to its market capitalization, with shares up 50% since the election. But is Palantir’s recent rally based on hype and enthusiasm or sustainable economic fundamentals? Let’s take a closer look at what the next 12 months could hold for this unique technology leader. Founded in 2003, Palantir is arguably one of the first AI companies. Its Software-as-a-Service platforms are designed to extract insights from large volumes of raw data to help organizations detect trends, improve efficiency and drive growth. Implementing Large Language Model (LLM) technology behind algorithms like ChatGPT allows it to perform these tasks faster and provide real-time insights. Continue readingMore articles on MotleyFool More articles on MotleyFool