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Palantir’s AI momentum pushes it into Cloud Wars Top 10 after billion-dollar quarter

Palantir has entered the Cloud Wars Top 10 after reporting its first billion-dollar quarter and a 48% revenue surge in Q2, with Q3 growth expected to hit 50%. The company’s market cap has soared to $443 billion—over four times its value a year ago—driven by rising demand for AI-driven data solutions and a 93% spike in U.S. commercial revenue.

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