Nvidia is the dominant player in the AI hardware market, and Palantir could occupy a similar position on the software side.

The new artificial intelligence model is the second the company has released this year. OpenAI and Anthropic made similar updates a few months ago.

While shares of Palantir continue to crush the market, another AI software stock, ServiceNow, has underperformed so far this year. Shares of ServiceNow have climbed considerably over the last year, ...