Palantir Technologies said on Monday that it expects to see gains every quarter in 2023 due to its new artificial intelligence platform. The company’s shares may witness an increase of up to 20%.
The company launched the new generative AI platform two weeks ago, and functions based on ChatGPT’s technology. Palantir CEO Alexander Karp said the first functionality of the AI platform would be available for some customers in May. The first customers will be giant insurance companies and supply chain security customers.
Read more: Palantir jumps on forecast for profit every quarter in 2023, AI demand
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