Palantir Faces a Bigger Threat Than Valuation: AI Labs Like Anthropic and OpenAI Are Disrupting the PLTR Stock Story

Palantir (PLTR) began as a company that worked purely with intelligence and government agencies. Once it cemented its place there, it moved to commercial businesses, targeting key industries like health care and energy. The stock became the darling of Wall Street when it later pivoted to artificial intelligence (AI) through its artificial intelligence platform (AIP). Consequently, despite losing nearly one-third of its value in the last six months, the stock is up 545% over the last five years.

The party already came to an end late last year when the stock last touched its all-time highs. It was the AI labs that crashed the party, taking away all the spotlight. But the spotlight wasn’t all they took away from Palantir. The numbers tell a story that few can argue about, and showcase how disruption from these AI labs is a much bigger threat than the high valuation.