Palantir raises annual revenue forecast on booming AI demand

May 6, 2025

, By The Economic Times

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Data and analytics firm ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/palantir-technologies” target=”_blank”>Palantir Technologies raised its annual sales forecast on Monday, betting on strong demand for its products that help businesses adopt ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/generative-ai-technology” target=”_blank”>generative AI technology. Still, shares of the company fell more than 2% in extended trading.

Palantir has benefited from a boom in the adoption of GenAI technology as enterprises leverage the company’s expertise in managing and analyzing data to help train and run new AI apps using its platform.

The Denver, Colorado-based company now expects revenue in fiscal year 2025 between $3.89 billion…

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Palantir raises annual revenue forecast on booming AI demand

May 6, 2025

, Published By The Economic Times

Data and analytics firm ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/palantir-technologies” target=”_blank”>Palantir Technologies raised its annual sales forecast on Monday, betting on strong demand for its products that help businesses adopt ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/generative-ai-technology” target=”_blank”>generative AI technology. Still, shares of the company fell more than 2% in extended trading.

Palantir has benefited from a boom in the adoption of GenAI technology as enterprises leverage the company’s expertise in managing and analyzing data to help train and run new AI apps using its platform.

The Denver, Colorado-based company now expects revenue in fiscal year 2025 between $3.89 billion…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

Ather Energy IPO: From startup to stock market listing

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Blinq lands $25M to further its mission to make business cards passé

The Economic Times

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