Palantir earnings will test the real shape of enterprise AI

The company’s growth suggests enterprise AI is moving beyond pilot projects. It also raises a harder question about whether customers are buying software they can deploy, or infrastructure they can’t easily replace.

Palantir CEO Alex Karp [Photos: Patrick T. Fallon/Bloomberg/Getty Images; Visax/Unsplash; Palantir]

Everyone has a statistic about enterprise AI. Depending on the survey you come across, 70% to 90% of projects never make it past the pilot stage. For the last two years, “pilot purgatory” has been enterprise AI’s defining narrative.

Then came Palantir. If Wall Street wants proof that enterprise artificial intelligence has escaped the lab, few companies make a........

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