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AIP. Far simpler than one sentence. Actually its entire software is AI.
So their consulting business is doing well?
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Business is doing well. Though share price has shot up over 200% this year, but is far below expectations because of SBC. AIP is an attempt to solve the “consultancy” issue. May be too late because of regen-AI… not technically competent to evaluate… is why I am allocating only a small %, far less than allocation to NVDA and SHOP.
Google fights back! The new Gemini model is released today.
Let’s see if Google is serious this time, or it will continue twiddling its thumbs worrying about “AI safety”.
Gemini is good at programming:
and scientific research with loads of data:
Google said a streamlined version of Gemini will be built into Google’s Pixel phones. Finally a reason to ditch the iPhone?
Notice the guy in this video is using a Google phone.
Real Competition has started. Should wait for next openAI release to see if it beats the metrics. Bard is going to use one of the 3 versions of Gemini. Have to check if it has improved.
Yeah looks like competition is heating up! Great news all around. Apple also released a new programming framework sorta like Pytorch. Let me go look up some articles.
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Baby step:
Apple, which many had considered very conservative in its approach to AI, quietly released frameworks and model libraries designed to run on its chips and maybe bring generative AI apps to MacBooks.
The company’s machine learning research team released MLX, a machine learning framework where developers can build models that run efficiently on Apple Silicon and deep learning model library MLX Data. Both are accessible through open-source repositories like GitHub and PyPI.
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Will PLTR replace NVDA as the king of AI in 2024?
There is higher likelihood of a meteor and lightning hitting at the same spot at the same time than Palantir replacing NVIDIA as king of AI.
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17% revenue growth is “staggering”? They are growing customers at 37%, but the revenue is growing 17%. It’s either adding much smaller customers or existing customers are spending less.
The forecast is 20% revenue growth but 50% profit growth? I’m skeptical of that one for sure.
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PLTR gets 60% of their revenue from government agencies. So PLTR is an “AI leader” if you think government bureaucrats are good at picking cutting edge technology.
https://www.investors.com/news/technology/pltr-stock-buy-now/
Palantir gets nearly 60% of its revenue from government agencies. Decelerating revenue growth is an issue. In 2022, revenue growth slowed to 24% from 40% in 2021 and 47% in 2020.
And growth has slowed further to 16% last quarter. Maybe next year it will have sub-10% growth?
The U.K. National Health Service awarded a seven-year contract worth up to 330 million euros to Palantir and a group of system integrators. Analysts had estimated the contract at 480 million euros. Also, Palantir will share revenue with its partners.
Looks to me PLTR is just a system integrator that does the traditional data-mining and machine learning stuff. It must have every security and government clearance credential in the world and a large sales team that have deep contacts within government agencies.
King of AI? Must be joking.
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Tag: Dec 8, 2023.
Will monitor price chart of NVDA vs PLTR for 2024.
Jan 1, 2024 to Dec 31, 2024.
Past record is @manch has been wrong often. May be he would be correct for this one.
From context, “king of AI” merely mean share price*, if you didn’t catch that, can delete post or unlike the previous post. Btw, I have no opinion 
, merely sharing YTFinance’s view… future price behavior is unpredictable… when you’re very sure (have expectations), likely to be “unhappy”.
*That is, not talking about business performance and fundamentals.
Do you have any opinion how it will turn out? Or do your usual two-face thing and claim victory on either outcome?
PLTR is much smaller name than NVDA. If by “king of AI” your mean one year performance then I actually have no opinion. Stock price can be divorced from fundamentals short term. I usually have no opinion on short term price movements. Not into voodoo Eliot wave TA stuff.
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I am always clueless of what future is like and what people are thinking.
I don’t claim victory for being right. I just laughed at you (or anybody who are very sure of the future or what people are thinking) being wrong.
Noted. The context is the YouTube… the youtuber is merely talking about share price.
Interesting combo.
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Quote of out context again. I only laughed when future turned out different from what you’re so sure about. For example, I have no clue which (NVDA or PLTR) has higher return in 2024… on Dec 31, 2024, I will laugh if whoever are wrong. I am not laughing now.