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Source:
Los Angeles Times
Palantir reports robust earnings from commercial sales
Palantir Technologies raised its full-year revenue and income forecasts after exceeding Wall Street estimates with strong second-quarter sales. U.S. commercial sales surged 149% year-over-year, and the company projected up to $8.16 billion in revenue, surpassing expectations. The company emphasized its software as an alternative to large language models, aiming to enable clients to switch between AI systems, amidst ongoing international and governmental challenges.
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