Palantir raises annual revenue forecast again on surging AI demand

Palantir Technologies on Monday raised its annual revenue forecast for the second time this year, expecting robust demand for its AI-linked services from businesses and governments, sending its shares up 5% in extended trading.Initially backed by the CIA, the company has capitalized on its expertise in managing and analyzing data to help train and run new artificial intelligence apps using its platforms.The data analytics and defense software firm projected revenue in the range of $4.14 billion to $4.15 bil ...