12 AI Stocks Making Waves on Wall Street

9. Palantir Technologies Inc. (NASDAQ:PLTR)

Number of Hedge Fund Holders: 77

Palantir Technologies Inc. (NASDAQ:PLTR) is one of the 12 AI Stocks Making Waves on Wall Street. On July 9, Palantir and weather intelligence and resilience platform Tomorrow.io announced a partnership to revolutionize weather intelligence. By integrating Tomorrow.io’s proprietary data and predictive insights into Palantir’s industry-leading platforms, the companies will be able to enable end-to-end automated weather decision-making across different sectors.

The agreement also involves the two companies engaging mutual partners and customers across the defense, government, and enterprise sectors. Tomorrow.io has launched the first commercial constellation designed for weather observations, training adaptive AI models on that proprietary data that learn from each new data cycle. By combining this with Palantir’s battle-tested decision engines, the company will be able to curate reliable real-time atmospheric data.

Tomorrow.io is also joining the Palantir FedStart program as part of the agreement, which is a SaaS offering that helps companies boost their federal go-to-market strategies. Companies can achieve compliance and scale operations within the government sector through the program.

“We built FedStart to accelerate the government’s ability to leverage the best, most innovative technologies as they emerge. By enabling the federal workforce to take advantage of Tomorrow.io while ensuring strict adherence to the compliance and security requirements for processing U.S. government (USG) data, we are excited to help increase productivity and efficacy across government.”

-Mike Gallagher, Head of Defense for Palantir Technologies.

Palantir Technologies Inc. (NASDAQ:PLTR) is a leading provider of artificial intelligence systems.