The software maker raised full-year revenue guidance amid expanding commercial AI demand.
Palantir Technologies shares gained 6.8% following the expansion of its commercial Artificial Intelligence Platform (AIP) business and a new infrastructure partnership with Nebius.
The company reported continued commercial adoption of AIP across the healthcare, defense, and manufacturing sectors. Driven by robust demand for its artificial intelligence tools, Palantir also raised its revenue guidance for the full year.
Alongside the contract wins, Palantir named Nebius its preferred sovereign AI infrastructure partner. The agreement integrates Nebius compute capacity directly into AIP to support sensitive and compliance-heavy workloads for enterprises and government agencies.
Share prices can rise and fall. Past performance does not guarantee future results. This article is news, not investment advice.
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