$Palantir Technologies Inc.(PLTR)$ It's getting harder to ignore.
Going from roughly $120M in annual profit in 2023 to a projected ~$11B by 2028 sounds almost ridiculous on paper, but the bigger story is what AIP is becoming inside large enterprises.
It's not just another AI tool. The pitch is that companies can use AIP as the layer connecting their data, models, workflows and decisions while still keeping control of what they build internally.
The Q2 numbers are what caught my attention: NDR hit 157%, U.S. commercial TCV reached $2.1B, and Palantir closed 220 deals above $1M, including 73 above $10M.
That tells me adoption is getting deeper, not just wider.
Valuation is still the big question for me.
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