Palantir Nabs Nvidia AI Boost | Business and Finance News

Palantir just teamed up with Nvidia to leverage Nemotron, an open-source AI model, to power custom software for government clients — a move that could supercharge its biggest revenue stream. While Palantir stands to gain more from this deal, its stock is trading at a steep premium to Nvidia’s, despite identical first-quarter growth. To justify its valuation, Palantir needs jaw-dropping earnings growth — a massive hurdle — making Nvidia’s more balanced valuation a safer bet for investors right now. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/4810bdb5818b5bcb