Defense contractors typically navigate miles of red tape, mountains of paperwork, and months-long approval processes. Palantir just moved into the fast lane.
The dawn of artificial intelligence (AI) has minted more than a few winners, but perhaps the most controversial is Palantir Technologies (PLTR 1.23%). The company originally developed Gotham — its data mining and AI solution for U.S. government intelligence and law enforcement agencies. However, the company quickly realized that it could offer many of the same services to businesses. It pivoted to capitalize on the opportunity, rolling out Foundry — its commercial data solution — and Apollo, Palantir’s software management and delivery platform.
The popular narrative quickly developed that Palantir’s opportunities as a defense…
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