As Artificial Intelligence (AI) Demand Heats Up, Palantir May Be Facing Its Biggest Challenge Yet
After taking the world by storm late last year, ChatGPT found yet another way to wedge itself in the center of the artificial intelligence (AI) arms race. ChatGPT's parent company, OpenAI, announced a new version of its flagship program aimed at enterprise businesses.
While the -funded start-up has been consistently in the mix of companies disrupting the AI landscape, other names have quickly emerged as potential leaders as well. Namely, Palantir (NYSE: PLTR) witnessed a surge in demand for its newest development called Artificial Intelligence Platform (AIP).
Since AIP's release earlier this year, Palantir and its customers have been showcasing its success across publicized demonstrations. Nonetheless, OpenAI's ambitions as it relates to large enterprise customers come at an interesting time. Let's assess if OpenAI's latest technology is a rising threat to Palantir.
Source Fool.com
Microsoft Corp. Stock
The stock is one of the favorites of our community with 106 Buy predictions and 1 Sell predictions.
With a target price of 420 € there is a slightly positive potential of 6.37% for Microsoft Corp. compared to the current price of 394.85 €.