They are just a data company capitalizing on the AI hype - when the AI bubble pops, they will too.

When ChatGPT launched, Palantir's stock started climbing by selling its "AI platform".

The cycle follows a marketing funnel: AIDA - awareness, interest, decision, action. https://www.smartinsights.com/traffic-building-strategy/offe...

FUD: Awareness and interest (AI) - at the initial stages, doomer marketing by big tech to government about its dangers and regulations

https://en.wikipedia.org/wiki/Fear,_uncertainty,_and_doubt

FOMO: Decision and action (DA) - After selling, it is all about investing in infrastructure and adopting the technology

https://en.wikipedia.org/wiki/Fear_of_missing_out

Sentiment shift: https://news.ycombinator.com/item?id=44870777

I don’t think Palantir is going anywhere and preceded the AI hype train. I suspect they’re kind of an out-and-proud MAIN CORE successor. Disturbing, but the Cyber Punk genre has warned us about this for some time.

The palantir bubble will not pop as long as Thiel and his folk are embedded in USG. The stock took off when Trump/Vance came in and Vance is thiels pick

Their primary technology predates any AI hype by a decade at least, and their strength has always been in deploying great engineers.