Better Artificial Intelligence Stock: Palantir vs. BigBear.ai
Summary
Palantir(NASDAQ: PLTR) and BigBear.ai(NYSE: BBAI) are both enterprise AI software companies which crunch massive amounts of data for large organizations. Palantir, which went public via a direct listing in September 2020, is a much larger company which analyzes data for the top U.S. government agencies and big enterprise customers. Gotham already accumulates data for the CIA, NSA, FBI, ICE, and all branches of the military, while Foundry is doing similar tasks for big companies like Morgan Stanley and Airbus. Palantirs co-founder and CEO Alex Karp expects the companys near-term growth to be driven by U.S. commercial customers rushing to upgrade their AI and analytics capabilities, as well as the ongoing geopolitical conflicts in Europe and the Middle East. The company is also deeply unprofitable on a GAAP basis, although analysts expect its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) to turn positive in 2025.