Low AI adoption rates, but Palantir Technologies positioned for growth in the market

From Nasdaq: 2025-03-11 06:45:00

The era of artificial intelligence is here, but consumer-facing AI tools like Google’s Gemini are still more of a novelty than a necessity. Despite the potential, many businesses are hesitant to fully embrace AI solutions due to complexity and cost, with only 6.8% of U.S. businesses currently using AI tools. However, McKinsey reports that 92% of enterprises plan to increase AI investments in the next three years. Palantir Technologies (NASDAQ: PLTR) is well-positioned in the AI market, helping businesses utilize data for decision-making and already securing government contracts. With a profitable track record, Palantir is set for growth.



Read more at Nasdaq: Artificial Intelligence (AI) Adoption Rates Appear Low, but This Technology Leader Could See a Massive Surge in Demand in the Next 10 Years. Here’s Why.