Palantir Granted FedRAMP High Baseline Authorization
Palantir Technologies Inc. (NASDAQ:
PLTR) today announced that it has been granted FedRAMP High Authorization for Palantir Federal Cloud Service (PFCS) and Palantir Federal Cloud Service - Supporting Services (PFCS-SS). These authorizations cover the entirety of Palantir’s product offerings and programs—including AIP, Apollo, Foundry, Gotham, FedStart, and Mission Manager—and therefore enable Palantir to provide any of its product offerings to the U.S. Government at the FedRAMP High baseline.
Palantir Launches AIP for Developers at DevCon
Palantir Technologies Inc. (NYSE:
PLTR) held its first Developer Conference, DevCon, November 13th-14th, 2024. This exclusive conference brought together 150 of the most ambitious commercial and government builders and technical leaders for two days of product launches, hands-on development, and competition.
Palantir Announces Transfer of Stock Exchange Listing to Nasdaq
Palantir Technologies Inc. (NYSE:
PLTR) today announced that it will transfer the listing of its Class A Common Stock (the “common stock”) to the Nasdaq Global Select Market (“Nasdaq”) from the New York Stock Exchange. The Company expects to begin trading as a Nasdaq-listed company on November 26, 2024 and its common stock will continue to trade under the symbol “PLTR.” Upon transferring, Palantir anticipates meeting the eligibility requirements of the Nasdaq-100 Index®.
Palantir and Rio Tinto Renew Enterprise Contract and Extend Access to Palantir’s AI Platform
Palantir Technologies Inc. (NYSE:
PLTR) has renewed its multi-year enterprise agreement with the Rio Tinto Group, one of the world’s leading mining and metals groups (ASX:RIO). The agreement extends the enterprise agreement for an additional 4 years and secures Rio Tinto’s ongoing access to the Palantir Artificial intelligence Platform (“AIP”).
Global Artificial Intelligence (AI) Influence on Healthcare Market Expected to Reach $148 Billion By 2029PALM BEACH, Fla., Nov. 12, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - According to experts tracking the artificial intelligence (AI) infrastructure market, the growth of the AI in Healthcare industry is driven by the growing need for improvised healthcare services due to the imbalance between the healthcare workforce and patients, improving computing power, and declining hardware cost. A report from MarketsAndMarkets said that the AI in Healthcare industry is projected to grow from USD 20.9 billion in 2024 and is estimated to reach USD 148.4 billion by 2029; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 48.1% from 2024 to 2029. AI plays a pivotal role across diverse healthcare applications, necessitating the implementation of sophisticated algorithms for tasks ranging from patient data analysis to drug discovery. Its applications span patient care, risk analysis, lifestyle management, precision medicine, medical imaging, and more. Successful AI deployment hinges on comprehensive services such as deployment, integration, and ongoing support and maintenance. Machine learning revolutionizes computing by training systems to learn from data without explicit programming. Instead of predefined instructions, machine learning relies on algorithms to discern patterns and relationships in data, enhancing accuracy and performance with increased exposure to information. Key attributes include data-driven processes, adaptability to new data, and the absence of explicit programming. In healthcare, machine learning intersects with AI, offering transformative applications. It aids in medical diagnosis and imaging by detecting diseases in early stages through image analysis and predicting risks based on electronic health records. Active A.I. companies active in the markets include: Avant Technologies Inc. (OTCQB: AVAI), C3 AI (NYSE:
AI), NVIDIA Corporation (NASDAQ:
NVDA), Palantir Technologies Inc. (NYSE:
PLTR), SoundHound AI, Inc. (NASDAQ:
SOUN).
LifeWallet Announces New Comprehensive Settlements Totaling More Than $5.9 Million, Continued Progress in Recoveries on Owned Claims and Acquiring Rights to Additional Claims, and Initiatives to Eliminate Wasteful Medicare Spending by Launching BetaMIAMI, Nov. 11, 2024 (GLOBE NEWSWIRE) -- MSP Recovery, Inc. d/b/a LifeWallet (NASDAQ:
LIFW) (“LifeWallet” or “the Company”) announces new comprehensive settlements totaling more than $5.9 million, continued progress in recoveries on owned claims and acquiring rights to additional claims, and advancing initiatives to eliminate wasteful spending of Medicare dollars and improve federal cost-cutting measures by reducing improper payments made by healthcare entities across the United States.
Anthropic and Palantir Partner to Bring Claude AI Models to AWS for U.S. Government Intelligence and Defense Operations
Anthropic and Palantir Technologies Inc. (NYSE:
PLTR) today announced a partnership with Amazon Web Services (AWS) to provide U.S. intelligence and defense agencies access to the Claude 3 and 3.5 family of models on AWS. This partnership allows for an integrated suite of technology to operationalize the use of Claude within Palantir’s AI Platform (AIP) while leveraging the security, agility, flexibility, and sustainability benefits provided by AWS.
Palantir Publishes “The Defense Reformation” - A Blueprint for the Resurrection of the American Industrial Base
Palantir Technologies Inc. (NYSE:
PLTR), a leading provider of AI systems, introduced today “The Defense Reformation”, a treatise on how to transform the way the government does business as well as rebuild America’s edge in defense-focused, innovative mass production.
MarketBeat Week in Review – 10/21- 10/25Equities had a mixed week, but the tech-heavy NASDAQ powered to an all-time high; big tech earnings and key economic reports could bring more volatility
L3Harris and Palantir Announce Strategic Partnership
L3Harris Technologies (NYSE:
LHX) and Palantir Technologies Inc. (NYSE:
PLTR) today announced a strategic partnership to propel advanced technology development and accelerate L3Harris’ digital transformation.
Drones Driven by A.I. Are Taking Over Major Industries Including Agriculture, Construction, Military & MorePALM BEACH, Fla., Oct. 24, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Artificial intelligence (AI) and drones are a formidable combo that has the potential to transform a variety of industries. When coupled, they build intelligent and autonomous airborne systems capable of completing complicated tasks in a variety of conditions. Because of this, the combination of artificial intelligence and drone technology offers new aerial technological developments for various industries, including agriculture, construction, energy, and security, as well as a solution to many aerial imagery demands. Factors such as technological advancements, growing need for automation and efficiency, and the increasing adoption of drones in the Logistics and Delivery, Agriculture and Precision Farming, Disaster Management and Search & Rescue, Environmental Monitoring and Industrial sectors are boosting the adoption of AI solutions in the UAV landscape. A report from Knowledge Sourcing Intelligence projected that the Artificial Intelligence in drone market size is projected to show steady growth during the forecast period (2024-2029). The report said: "Booming drone adoption in the sector boosts AI in drone market growth. Drones driven by AI are taking over major sectors such as agriculture, serving as industrious field workers. They minimize human effort while monitoring crop health, accurately locating pests, and applying irrigation to maximize production and optimize resource use. The movement known as "precision agriculture" is revolutionizing the way of raising food. According to the January 2022 Press Release Bureau, the government is extending financial support under the "Sub-Mission on Agriculture Mechanization" to encourage the use of drones in agriculture. The Agriculture Ministry will give agricultural institutions grants of up to Rs. 10 lakhs so the farmers can buy drones. When it comes to drone demonstrations on farmer fields Farmer's Producers Organizations (FPOs) can receive funds for up to 75% of the total cost of the drone. The initiatives and factors supporting agriculture enhance the drone market." Active Tech Companies in the markets today include ZenaTech, Inc. (NASDAQ:
ZENA), Palantir Technologies Inc. (NYSE:
PLTR), QUALCOMM Incorporated (NASDAQ:
QCOM), AgEagle Aerial Systems Inc. (NYSE:
UAVS), Draganfly Inc. (NASDAQ:
DPRO).
Short Sellers Eye Palantir: Should You Buy the Dip?A spike in short interest combined with significant volume suggests PLTR stock may move lower, but until earnings both bulls and bears will be disappointed
3 Election Momentum Stocks You Might Have MissedElections have a way of providing clarity for investors; here are three picks for stocks that are carrying momentum into the election
Palantir Announces Date of Third Quarter 2024 Earnings Release and Webcast
Palantir Technologies Inc. (NYSE:
PLTR) announced today that results for its third quarter ended September 30, 2024 will be released on Monday, November 4, 2024, following the close of U.S. markets. Palantir will host a webcast to discuss its results at 3:00 PM MT / 5:00 PM ET.
MarketBeat Week in Review – 10/7 - 10/11Stocks delivered another winning week, but the latest inflation readings dampened hopes for aggressive rate cuts and turned attention toward earnings
At $43 is it Time to Take Profit with Palantir?With Palantir stock above $43 a share, traders are asking if now is a time to take some profits; here's what you should know before making a decision
LifeWallet Acquires Assignment of Additional MSP Claims with an Overall Paid Amount Exceeding $10.6 billion Comprised of Over 450,000 Medicare Members and Announces it Secured a Waiver of Acceleration on a Second Loan Agreement in the Event of a NegativeMIAMI, Oct. 02, 2024 (GLOBE NEWSWIRE) -- MSP Recovery, Inc. d/b/a LifeWallet (NASDAQ:
LIFW) (“LifeWallet” or “the Company”), as previously announced on August 2, 2024, today LifeWallet entered into a definitive agreement with Hazel Partners Holdings LLC consistent with the letter agreement.1 LifeWallet acquired the recovery rights to claims as per its assignment of additional Medicare Secondary Payer claims consisting of more than 450,000 Medicare members, as documented by health insurance plans, with an estimated total claims paid amount exceeding $10.6 billion.2
Global Cybersecurity Becoming Increasingly Vital as Market Revenues are Now Part of a Multi-Billion Dollar Industry OpportunityPALM BEACH, Fla., Oct. 11, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The global cyber security market size, which was estimated at USD 222.66 Billion in 2023 is projected to grow at a compound annual growth rate (CAGR) of 12.3% through 2030 according to a report from Grand View Research. The report said: “A growing number of cyber-attacks owing to the proliferation of e-commerce platforms, emergence of smart devices, and deployment of cloud are some key factors propelling market growth. Moreover, increasing usage of devices equipped with the Internet of Things (IoT) and intelligent technologies is expected to increase cases of cyber threats. As such, end-user organizations are anticipated to integrate advanced cyber security solutions to mitigate cyber-attack risk, supporting the cyber security market growth. With cyber environment emerging as a highly integrated system, need for an adaptive, multi-layered, and self-learning security system has become imperative. In addition, factors such as emergence of mobile-networked devices, prevalence of electronic communications, growth of social media, and an increasing reliance on Big Data have created a need for defense cybersecurity system to be updated with the changing cyber threat scenario. Governments have increased their spending on cybersecurity solutions to protect devices and confidential data from cyberattacks, supporting market growth.” Active Companies in the industry includes: Plurilock Security Inc. (OTCQB: PLCKF) (TSX-V: PLUR), BlackBerry Limited (NYSE:
BB), Palo Alto Networks (NASDAQ:
PANW), Zscaler, Inc. (NASDAQ:
ZS), Palantir Technologies Inc. (NYSE:
PLTR).
Edgescale AI Emerges from Stealth, Partners with Palantir to Launch Live Edge
Edgescale AI Inc. and Palantir Technologies Inc. (NYSE:
PLTR) announced today a strategic partnership to deliver Live Edge, a groundbreaking combination of Palantir Edge AI and Edgescale AI distributed infrastructure technology, designed to operationalize artificial intelligence (AI) in manufacturing, utilities, and other complex industrial environments.
MarketBeat Week in Review – 9/23 - 9/27Stocks had a mostly bullish week as stimulus efforts in the U.S. and China enhanced risk-on sentiment, but next week's jobs report could spark a larger rally
Palantir Stock Joins the S&P 500; Is It Time to Buy?Palantir stock is now officially in the S&P 500 index, but valuation concerns make buying decisions more complicated; here's where things stand