Palantir (NYSE: PLTR) generated buzz as one of the best artificial intelligence (AI) stocks in the market. Although its AI software has been widely used for years, its latest product, the Artificial Intelligence Platform (AIP), has been a massive success.

AIP helps businesses incorporate AI throughout all levels of the decision-making process and can even automate some tasks. Many companies are looking for this program to take their business to the next level, but is the demand enough to take Palantir's stock to the next level?

Palantir has been selling AI software for much longer than most of its competitors, which gives it a leg up on its competition. It started off as a software program intended for government use, with the simple concept of data in and insights out. This helped guide real-time decision-making by ensuring the people making the choices had the best possible information in front of them.

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Source Fool.com