Palantir's AI Platform Growth Surges

This is a Nvidia news story, published by Yahoo Finance, that relates primarily to AI news.

Nvidia news

For more Nvidia news, you can click here:

more Nvidia news

News about Ai startups

For more Ai startups news, you can click here:

more Ai startups news

Yahoo Finance news

For more news from Yahoo Finance, you can click here:

more news from Yahoo Finance

About the Otherweb

Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best tech news, business news, entertainment news, and much more. If you like this article about Ai startups, you might also like this article about

better AI software stock

. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest AI software market news, better growth stock news, news about Ai startups, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!

Palantir Technologies

The Motley Fool

•

Meet the Artificial Intelligence (AI) Stock That Could Become the Next Palantir, or Even Better

Summary

Nutrition label

81% Informative

Palantir Technologies is the go-to provider of AI software platforms for companies and governments around the globe.

The company reported a year-over-year increase of 27% in revenue to $678 million in Q2 .

Investors are noticing and have been buying the company's stock hand over fist.

However, there is another way for investors to capitalize on the booming demand for AI software.

Nvidia stock trades at 28 times sales, which is lower than Palantir 's sales multiple of 29 .

Nvidia is the more attractive AI stock when we compare the earnings multiples of both companies.

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now and Nvidia wasn’t one of them.

VR Score

Informative language

Neutral language

Article tone

semi-formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful