Palantir delivers first two AI-enabled systems to U.S. Army
Summary
President and Chief Technology Officer Akash Jain called the agreement a "leapfrog moment" for the U.S. Army as it makes a big investment in software during an interview with CNBCs Morgan Brennan. Palantir also joined forces with Northrop Grumman , L3Harris and Palmer Luckey-founded defense tech startup Anduril Industries on some capabilities for the program. Last month, shares jumped 24% to a record high after the company reported strong earnings and guidance fueled by AI demand. In response to DeepSeeks sudden rush onto the tech scene in January, Karp told CNBCs Sara Eisen that the U.S. needs an "all-country effort" to protect American innovation from getting stolen and misused. Jain told CNBC that Palantir has been harnessing soldier feedback as it works to deliver the systems on time and on budget.