Palantir Technologies Inc. co-founded by Peter Thiel, has seen its stock rise over 747.89% since going public, demonstrating significant growth amid Big Data's expansive market.
The market for data services is projected to grow from $220.2 billion in 2023 to $401.2 billion by 2028, reflecting a robust demand for data-driven solutions.
Palantir's four operating platforms, including AIP and Foundry, are key growth drivers, showing the company's adaptability in catering to diverse market segments.
With high demand from the federal government for Palantir's AI platforms, as well as strategic partnerships in the space industry, the company's future growth prospects look promising.
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