Palantir Technologies, Inc.
The Details: Grok, developed by Elon Musk's AI start-up xAI, is now available in Palantir's AIP in addition to other LLMs including Meta's
Palantir said it has "brought Grok to the enterprise" in a post on Musk's social media platform X.
Another recent connection between Palantir and Musk came when Palantir CEO Alex Karp spoke about the new Department of Government Efficiency on the company's earnings call Monday.
Karp referred to the Musk-led DOGE initiative as a "revolution" that will be "very good" for Palantir in the long run.
"There will be ups and downs. There's a revolution. Some people are going to get their heads cut off. We're expecting to see really unexpected things and to win," the Palantir CEO said.
What Else: Following Palantir's blowout Q4 earnings report on Monday, Wedbush analyst Dan Ives made another connection between Musk and Palantir. In an interview on CNBC, Ives said buying Palantir stock now could be like buying Tesla, Inc.
"When you start to look out to the next three, four, five years ... this could be a $1 trillion market cap," Ives said.
PLTR Price Action: According to data from Benzinga Pro, Palantir shares are up 5.5% at $106.93 at the time of publication Thursday.
