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Core Insights - The article highlights the significant growth and potential of Palantir (PLTR) within the Artificial Intelligence (AI) sector, showcasing its strong financial performance and increasing customer base [4][6]. Company Performance - Palantir reported quarterly sales of $1.2 billion, marking a 63% increase year-over-year [4]. - The company achieved a record Total Contract Value (TCV) of $2.8 billion, which is a 340% increase compared to the same period last year [5]. - Customer count grew by 45% year-over-year, indicating strong momentum and demand for its services [6]. Revenue Breakdown - US commercial revenue surged by 121% year-over-year, while US government revenue increased by 52% [4]. - Palantir closed over 200 deals worth at least $1 million, with 91 deals worth at least $5 million, and 53 deals worth at least $10 million [5]. Future Outlook - The company provided its highest sequential quarterly revenue growth guidance in its history for Q4, expecting a 61% growth [6]. - Palantir also raised its guidance for current year sales, adjusted operating income, and adjusted free cash flow [6].