The data analytics and defence software firm projected revenue in the range of US$4.14 billion to US$4.15 billion for 2025
Palantir Technologies on Monday raised its annual revenue forecast for the second time this year, expecting robust demand for its AI-linked services from businesses and governments, sending its shares up 5 per cent in extended trading.
Initially backed by the CIA, the company has capitalised on its expertise in managing and analysing data to help train and run new artificial intelligence apps using its platforms.
The data analytics and defence software firm projected revenue in the range of US$4.14 billion to US$4.15 billion for 2025, up from its earlier forecast of between US$3.89 billion and US$3.90 billion.
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