Palantir CEO Alex Karp said the company expects to remain profitable 'each quarter through the end of the year.'
Palantir said it expects to report between $528 million and $532 million in revenue during its second quarter, and between $2.19 billion and $2.24 billion for the full year.
Karp also said the demand for Palantir's new Artificial Intelligence Platform is "without precedent." The company's AIP allows commercial and government sectors to use large language models based on their own private data sets, and it will be available to "select customers" this month. "We have already had hundreds of conversations with potential customers about deploying the software and are currently negotiating terms and pricing for access to the components of the platform," he wrote.
Karp added that artificial intelligence presents "real" risks, so he said Palantir's software is designed with human involvement and oversight in mind. In other words, AI will not be able to independently carry out targeting operations in a military context.The company will hold its quarterly call with investors at 5:00 P.M. ET Monday.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
25-year-old dies after car crashes into Northern Liberties housePolice said the victim, Tyreese Clark of North Philadelphia, was driving at high rate of speed.
Leer más »
25-year-old dies after the car he was driving crashed into a Northern Liberties houseDaily News | 25-year-old dies after the car he was driving crashed into a Northern Liberties house
Leer más »
Jan. 6 prosecutors seek 25 years for Oath Keepers’ RhodesThe Justice Department is seeking 25 years in prison for Stewart Rhodes, the Oath Keepers founder convicted of seditious conspiracy for his involvement in the Jan. 6, 2021 attack on the U.S. Capitol.
Leer más »
25 Harsh Realities Of Pregnancy That Are Almost Never Depicted In Movies'Growing a human is tiring.'
Leer más »
Fantasy Island’s Roselyn Sanchez: 25 Things You Don’t Know About Me!Roselyn Sanchez reveals her favorite guilty-pleasure TV shows and more things you don’t know about the actress — exclusive interview
Leer más »
Social Security update: Direct payment worth $914 arrives in 25 daysSupplemental Security Income beneficiaries will receive their monthly payment for June, worth $914 for individual filers, in 25 days.
Leer más »