Palantir Revenue Jumps as AI Drives Growth


AI Spending Surge Drives Palantir, DigitalOcean Gains This piece talks of the largest fear likes of Palantir is susceptible to, namely unsustainable growth. I see the opposite problem. GenAI is tinkering on the periphery. True growth requires companies take a holistic spectrum of people, process, technologies to achieve sustainable growth from AI through transformation and that is not achieved by incremental initiatives. Data analytics company Palantir Technologiesreported that its third-quarter revenue rose 30% year over year (YoY) as demand for AI tools fueled strong growth in its commercial business. The Denver-based company on Monday (Nov. 4) posted revenue of $726 million, compared with … Continue reading Palantir Revenue Jumps as AI Drives Growth

My first attempt at a Manifesto for Responsible AI


Regulation of AI has become a cottage industry amongst Western governments. As reported by TechCrunch and captured here, “U.S., U.K. and the European Union signed up to a treaty on AI safety laid out by the Council of Europe (COE)” The Parliamentary Assembly of the Council of Europe brings together parliamentarians from the Council of Europe’s 46 member States. Its mission is to uphold the shared values of human rights, democracy and the rule of law. The Assembly uncovers human rights violations, monitors whether states keep their promises and makes recommendations. In the field of AI, it has adopted a set of resolutions … Continue reading My first attempt at a Manifesto for Responsible AI

Deloitte analysis of 10 years … 4,000 global organizations digital transformation … enterprise value


Our analysis of 10 years of financial disclosures from more than 4,000 global organizations reveals where digital transformation actions can increase enterprise value—and, just as importantly, where they can erode it. Digital transformation is on everyone’s agenda. But the hardest part of any transformation is not deciding whether to embark on it; it’s understanding whether you’re seeing distinctive returns on your investment. Organizations often struggle to determine which actions drive the most impact and which investments yield the most enterprise value. We examined which actions can increase the odds of transformation success, and we identified the actions that drive value: … Continue reading Deloitte analysis of 10 years … 4,000 global organizations digital transformation … enterprise value

Palantir New Deals-Wendy’s, Microsoft, the Air Force…and more


Forwarded this email? Subscribe here for more Palantir Gets A BUNCH of New Deals Wendy’s, Microsoft, the Air Force…and more. AMIT KUKREJA AUG 21 READ IN APP Welcome back to DailyPalantir! In today’s newsletter, we are recapping all the deals Palantir got over the past 2 weeks. Let’s get into it! Wendy’s Supply Chain Deal Okay, this deal was really cool. Palantir’s partnership with Wendy’s is a significant step forward for both companies, especially for Palantir as it expands its reach into the commercial sector. With this deal, Palantir’s AI technology will be responsible for optimizing Wendy’s supply chain across more than 6,000 … Continue reading Palantir New Deals-Wendy’s, Microsoft, the Air Force…and more

The Monocle Manifesto


living better / global https://monocle.com/magazine/issues/175/the-monocle-manifesto/ The Monocle Manifesto From urbanism and the environment to simple street manners, we present 30 edicts for improving our cities for people and planet.ByJosh FehnertIllustratorPong As the world and global opinion turns, monocle remains irrepressibly optimistic about cities – or at least their enduring potential to help people live well, regardless of income, outlook or industry. While no city is perfect, the best ones know how strike a balance and remain places of opportunity, discovery and excitement for all. So shouldn’t more politicians, ceos and civic leaders be concerned about making the most of the … Continue reading The Monocle Manifesto

The Simple Macroeconomics of AI


Daron Acemoglu – Massachusetts Institute of Technology – May 12, 2024 Abstract This paper evaluates claims about large macroeconomic implications of new advances in AI. It starts from a task-based model of AI’s effects, working through automation and task complementarities. So long as AI’s microeconomic effects are driven by cost savings/productivity improvements at the task level, its macroeconomic consequences will be given by a version of Hulten’s theorem: GDP and aggregate productivity gains can be estimated by what fraction of tasks are impacted and average task-level cost savings. Using existing estimates on exposure to AI and productivity improvements at the … Continue reading The Simple Macroeconomics of AI

Apple Pushes Ahead with Tabletop Home Device in Shift to Robotics


Executive who oversaw car project is leading the effort Device would offer twist on home products from Amazon and Meta Mark GurmanAugust 14, 2024 at 2:09 PM EDT Apple Inc., seeking new sources of revenue, is moving forward with development of a pricey tabletop home device that combines an iPad-like display with a robotic limb.  The company now has a team of several hundred people working on the device, which uses a thin robotic arm to move around a large screen, according to people with knowledge of the matter. The product, which relies on actuators to tilt the display up and … Continue reading Apple Pushes Ahead with Tabletop Home Device in Shift to Robotics