Tech News Now: 'The Messi of AI' reports, Tesla struggles continue, and more
Palantir's stock rose nearly 20% in after-hours trading following its better-than-expected Q4 earnings report.
Palantir expects to see at least $2.6 billion in revenue in 2024, and Wedbush's Dan Ives raised his price target to $30 citing the company as an AI revolution gem. [ more ]
The NHS has partnered with Palantir, a US spy-tech company, to manage data in its hospitals and draw conclusions about population health.
There are concerns about outsourcing such a deal to the private sector, and Palantir's record on immigration enforcement raises issues of public trust.
Palantir claims that it doesn't collect or monetize data, but provides tools for customers to organize and understand their own information. [ more ]