Palantir Technologies (PLTR) recently landed one of its most significant defense contracts yet as the U.S. Navy tapped the software firm to overhaul submarine production through artificial intelligence. The deal authorizes up to $448 million to deploy Palantir's technology across America's entire Maritime Industrial Base under an initiative called ShipOS. www.barchart.com The Virginia-class and Columbia-class submarine programs are billions of dollars over budget and years behind schedule. The Columbia-c ...

Alex Karp, CEO of Palantir Technologies, speaks on a panel titled Power, Purpose, and the New American Century at the Hill and Valley Forum at the U.S. Capitol on April 30, 2025 in Washington, DC.Palantir CEO Alex Karp said the artificial intelligence arms race between the U.S. and China will culminate in one country coming out on top."My general bias on AI is it is dangerous," Karp told CNBC's "Squawk on the Street" on Thursday. "There are positive and negative consequences, and either we win or China will ...