Sparked by the release of OpenAI's ChatGPT in 2022, the generative artificial intelligence (AI) boom has given companies like Palantir (NYSE: PLTR) a new lease on life. But with its shares up 73% over the past 12 months, has all the growth already been priced in? Let's explore what the next five years could have in store for this software company. Why Palantir? Founded in 2003 and going public in 2020, Palantir Technologies can be considered an "early" AI company -- pioneering technologies like machine learning and big data analytics.
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