Data software company Palantir reported significant revenue growth in its second quarter, citing the impact of artificial intelligence technology as a major driver. The company saw its sales increase by 48%, reaching over $1 billion. This surpasses analysts’ expectations and raises its full-year revenue outlook to $4.14 billion to $4.15 billion, driven by the “astonishing” effects of AI on its business.
Source: https://www.bloomberg.com/news/articles/2025-08-04/palantir-reports-revenue-up-48-cites-astonishing-ai-impact