Shares of Palantir Technologies Inc.
powered up 7.5% toward a 17-month high in morning trading Monday, after the software company said it was awarded a multiyear contract worth up to $463 million from the U.S. Special Operations Command . Palantir, which has seen its stock get a recent boost from the artificial-intelligence craze, has made advancements in large language models and edge AI to reduce cognitive load on warfighters and commanders. Palantir’s stock, which was headed for the highest close since Jan.
powered up 7.5% toward a 17-month high in morning trading Monday, after the software company said it was awarded a multiyear contract worth up to $463 million from the U.S. Special Operations Command . Palantir, which has seen its stock get a recent boost from the artificial-intelligence craze, has made advancements in large language models and edge AI to reduce cognitive load on warfighters and commanders. Palantir’s stock, which was headed for the highest close since Jan.