Ark Investment CEO Cathie Wood predicts Palantir could disrupt Microsoft in AI due to rapid customer growth and AI focus.
Ark Investment Management CEO Cathie Wood thinks Palantir Technologies, a big data analytics firm, could disrupt Microsoft in the AI industry due to its AI development focus, customer-centric lead generation strategy, and accelerated client growth. In 2023, Palantir's customer base grew by 35% annually, and its commercial customer count increased by 44%. Wood anticipates that Palantir's AI advancements may surpass Microsoft's diversified portfolio.
March 31, 2024
3 Articles