Palantir forecasts 2025 revenue above estimates on AI strength

Businesses pushing to deploy the most sophisticated generative artificial intelligence tech have helped drive sales for Palantir’s AI platform, AIP, which is used to test, debug code and evaluate AI-related scenarios. Revenue is being driven by both new customers and the expansion of those customers with AIP, Palantir’s Chief Revenue Officer Ryan Taylor told Reuters. Chinese startup DeepSeek’s AI models that it claimed can match or even outperform Western rivals at a fraction of the cost had stirred doubts about the United States’ lead in the technology and the high costs of GenAI development.