Palantir Technologies (NYSE: PLTR) stock captured headlines on Tuesday as the big data analytics firm revealed its sponsorship of the inaugural AI Expo for National Competitiveness.
The Special Competitive Studies Project (SCSP) has selected Palantir Technologies (PLTR) as the lead sponsor of the inaugural AI Expo for National Competitiveness. The event is scheduled for May 7-8, 2024, at the Walter E. Washington Convention Center in Washington, DC.
The expo aims to gather top innovators from private industry, academia, government, and international collaborators to deliberate on the crucial role of AI in sustaining and enhancing national competitiveness. SCSP CEO Ylli Bajraktari underscored that Palantir’s prominent involvement underscores its leadership in AI and its dedication to fostering collaboration.
Attendees of this two-day extravaganza can look forward to a dynamic forum for idea exchange, partnership building, and insights into cutting-edge AI technologies and applications. The event will showcase a variety of exhibitors unveiling the latest advancements in AI and its related technologies.
Shyam Sankar, Chief Technology Officer at Palantir, said this about the AI Expo for National Competitiveness:
“We’re excited to support this partnership as a platform to bring the latest AI technologies from across the country and create new opportunities across industry, government, and beyond in an all-of-stakeholder approach to this critical mission.”
Palantir (NYSE: PLTR) Stock Performance
PLTR stock dropped 4.15% to close at $24.01 on Tuesday. The traders had exchanged hands with 101,666,432 (101.66 million) shares compared to the average daily trading volume of 69.24 million.
Edward Cooke is a financial analyst, freelance writer, and editor. He has six years of experience in financial journalism. He has an in-depth understanding of equities markets, tracking major indices and providing real-time analysis on stock price movements, corporate earnings, and market sentiment.
