August 9, 2025

Palantir, the software giant co-founded by Peter Thiel, is stealing the spotlight in 2025! CEO Alex Karp has faced many critics over time, yet the company’s latest earnings have shown it’s having a moment of glory. Although Palantir has a smaller workforce and lower revenue than many Fortune 500 giants, it zoomed up the ranks to become the 23rd most valuable company in the world. Its market cap is nearly a jaw-dropping $409 billion! Just a year ago, nobody expected such a blast-off. Palantir's stock price jumped over 555% in the past year, reaching above $160 per share. Why such a crazy rise? Palantir’s secret sauce is its breakthrough in generative AI. Their “AIP” platform is changing the game by helping companies speed up tricky tasks using AI. For example, Citibank now finishes customer security checks in seconds instead of days. Fannie Mae detects mortgage fraud instantly rather than in months. This AI magic pushed their commercial business to grow a stunning 93% year-over-year last quarter. The company also hit the jackpot with government deals. A recent historic 10-year, $10 billion contract with the US Army is Palantir’s biggest software deal ever with the Department of Defense. It’s quite a twist considering Palantir once fought the Pentagon legally over buying access. Besides, partnerships with consulting giants like Accenture and Deloitte are boosting Palantir’s reach into government tech work. Palantir’s journey is as unique as its nickname for employees — “hobbits,” a fun nod to the company’s name inspired by the magical “seeing stone” from Lord of the Rings. Though it has faced protests and criticism due to its work with military and intelligence agencies, Palantir keeps growing stronger. Its last quarter showed a “Rule of Forty” score of 94%, meaning it grows fast and profits well, a rare combo in tech. From being rejected by Silicon Valley to rubbing shoulders with Washington power players like Vice President JD Vance, Palantir is now a heavyweight in both tech and politics. CEO Alex Karp and his team have proved the doubters wrong and carved a dazzling path toward the future. FAQs What’s driving Palantir’s recent success? Their AI platform, AIP, helps companies automate and tackle complex tasks faster. Is Palantir controversial? Yes, because of its contracts with military and intelligence agencies, it has faced protests and tough opinions.

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Tags: Palantir, Market cap, Alex karp, Generative ai, Us army contract, Technology,