Latest / Cloud Wars Live with Bob Evans
Palantir Joins Cloud Wars Top 10: 48% Growth, $440B Market Cap
In today's Cloud Wars Minute, I explain how Palantir’s unique model and alignment with AI trends earned it a spot in the Top 10.
Highlights
00:14 — Well, one company that has hammered its way into the Cloud Wars Top 10 is Palantir. With regret, I have to say farewell to Snowflake. So, I've noted here at the top a couple of numbers: 48% revenue growth for Palantir in its recent fiscal Q2. That pushed its revenue to just over $1 billion, which gives them a $4 billion annualized run rate.
01:39 — But I think the reason that's so high is there's an alignment between the demands that businesses…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.