Few companies reacted more to Trump’s presidential victory than Palantir Technologies (NYSE: PLTR ), a data analytics and artificial intelligence (AI) company with a strong focus on defense and law enforcement. The company has added billions to its market cap, with shares up a staggering 50% since the election. But is Palantir’s recent rally based on hype and excitement or sustainable economic fundamentals? Let’s dig deeper into what the next 12 months could hold for this unique technology leader. Founded in 2003, Palantir is arguably an early AI company. Its software-as-a-service platforms are designed to extract insights from large volumes of raw data to help organizations spot patterns, improve efficiency and drive growth. Implementing the Large Language Model (LLM) technology behind algorithms like ChatGPT allows it to perform these tasks faster and provide real-time insights. Continue readingContinue to the complete article at MotleyFool Continue to the complete article at MotleyFool