Informatica

18.77

+0.32001.73%

Post-market: 18.770.00000.00%17:46 EDT

Volume:1.83M

Turnover:34.28M

Market Cap:5.68B

PE:625.67

High:18.82

Open:18.49

Low:18.44

Close:18.45

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Informatica and Carnegie Mellon University Partner to Drive Innovation in Generative AI for Data Management

Business Wire

·

17 Apr

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Analysts led by Karl Keirstead noted that, given the current macroeconomic uncertainty, they're taking a closer look at the company ahead of its Q1 earnings report on May 5.UBS spoke with six Palantir customers across both commercial and government sectors. Their takeaway: Palantir appears solid, with enterprise adoption continuing to grow and customer sentiment holding steady. However, they flagged delays in federal contract awards as a notable risk in the near term.Commercial clients, including firms in auto, industrial, and manufacturing verticals, described their Palantir usage as essential, not discretionary. 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Key areas of focus will include:. - AI-Driven Automation – Advancing the use of GenAI to automate and accelerate data management processes, reducing costs, complexity and time to value of data management.- Metadata-Driven Agentic AI – Developing AI-based automation for multi-source enterprise GenAI applications, enabling businesses to deploy advanced AI solutions that access data from diverse sources with ease.\"Our partnership with Carnegie Mellon University underscores Informatica’s commitment to pushing the boundaries of what's possible with generative AI in data management,\" said Rik Tamm-Daniels, Group Vice President of Strategic Ecosystems at Informatica. \"By uniting our expertise with CMU's research excellence, we are pioneering AI-driven innovations that will 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