Palantir (NASDAQ:PLTR) shares jumped over 7.5% by noon ET Friday after its AIPCon 6 event showcased how customers are leveraging its AI platform, AIP.
CEO Alex Karp opened the event by emphasizing Palantir's role in helping companies maximize efficiency using its Foundry and Ontology platforms. Foundry serves as an enterprise operating system, while Ontology builds digital twins of organizations to optimize AI models.
The only thing we care about is making your company more valuable, Karp said, adding that Palantir's mission is to become the best value-creating software provider over the next decade.
Several major companies, including Walgreens (NASDAQ:WBA), AT&T (NYSE:T), Delta Air Lines (NYSE:DAL), and Wendy's (NASDAQ:WEN), shared how Palantir's AI tools are enhancing operations and decision-making.
Additionally, Palantir announced new partnerships with Databricks, Saronic Technologies, Archer, and Saildrone, signaling further expansion in AI-driven enterprise solutions.
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