From Nasdaq: 2024-03-31 03:45:00

Ark Investment Management CEO Cathie Wood recently discussed key themes driving the artificial intelligence (AI) narrative on a podcast hosted by former NBA stars Andre Iguodala and Evan Turner. Wood highlighted Palantir Technologies as a major player in AI, presenting Palantir as a potential competitor to Microsoft. Palantir’s innovative strategies have led to significant revenue growth and customer acquisition, despite facing stiff competition from big tech giants like Microsoft. Despite a high price-to-sales ratio, Palantir’s focus on AI innovation and enterprise-level solutions could position the company for long-term success.



Read more at Nasdaq: Cathie Wood Thinks Palantir Could Disrupt Microsoft in Artificial Intelligence (AI). Here’s Why I Think She’s Right.