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Palantir CEO Alex Karp celebrates 93% revenue growth as stock soars after blockbuster earnings: ‘For the first time people believe us’
Palantir’s AI software business delivered a blockbuster quarter, with revenue soaring 93% and shares jumping 14% after hours.
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Palantir's financial performance has shown significant improvement, with a 93% increase in revenue from its AI software business. This substantial growth has led to a notable increase in the company's stock value, with shares rising 14% after hours.
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