Arguably, the most important secular tailwind to emerge since early last year has been the rapid adoption of artificial intelligence (AI). This is causing an ongoing paradigm shift in business as companies figure out how best to benefit from these next-generation algorithms.

What sets generative AI apart from its predecessors is its versatility. These AI systems can be used to generate images, create stories, summarize data, and create presentations, all with a few simple prompts. Additionally, its ability to find patterns in data and streamline rote and time-consuming tasks is being heralded as the "fourth industrial revolution" and could dramatically alter how business gets done. Managers everywhere are working to secure their share of the potential windfall.

Now, enterprise software and cloud titan (NASDAQ: MSFT) and AI and data analytics pioneer Palantir Technologies (NYSE: PLTR) have joined forces to develop cutting-edge AI solutions for the U.S. government.

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Source Fool.com