Palantir technologies ,Malevolent 5.91%, Stocks increased rapidly to start the week, more than 6%. As ET at 11:44 pm, it was still 5.4%.

Artificial intelligence Software and data mining experts held a rally for a new all-time high at the end of last week, before To return Some benefits of this. However, investors were more rapid on Monday as the company announced a new catalyst for its business.

Another partnership

Palantir and Accenture Federal services announced that the pair called the “Landmark Strategic Partnership”, “designed to help federal government agencies to re -start operation with AI.” As part of cooperation, the Accenture Federal was named as a Palatir Favorite Participation Partner to the US federal government customers.

The pair will design and deploy a full range of commercial-grade AI-managed solutions for federal agencies, the aim to provide them the most AI bangs for their deer. By that end, Palenter will train and certify more than 1,000 extensive data and AI professionals on the Palentir Foundry platform and its artificial intelligence platform (AIP), which is opening a new market for its products.

While the news is certainly good, it should be taken in terms of evaluation of the company. Palantir’s market cap is currently a clock in $ 323 billion, and the stock is expected to be 225 times the expected earnings of this year and 79 times more sales. For example, the performance of the future of stock will depend highly on its continuous development. In addition, any failure on Palantir’s part – real or perceived – can crash stock to meet the loud expectations of investors.

I am an uncontrolled Palauntir Bull and believe that the future looks bright, but investors should contact Palauntir with caution, given the current assessment of stock.