Artificial intelligence (AI) stocks were all the rage in 2023 as the boom set off by ChatGPT was a major reason why the Nasdaq Composite jumped 43% last year.

By now, investors are likely familiar with the big winners like Nvidia, but one AI stock that has flown a bit under the radar is Palantir Technologies (NYSE: PLTR). Palantir builds software platforms that help governments, businesses, and other organizations parse through massive datasets and make connections that would otherwise be unseen.

Palantir was founded in the aftermath of 9/11 to help counterterrorism agencies improve their analytics and problem-solving in order to fix some of the oversights that led to that attack.

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Source Fool.com