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Stock impact report

Phillip Securities Highlight 25%+ AI Software Growth Driving Palantir Technologies Inc. (PLTR) Upside [Yahoo! Finance]

Innodata Inc. (INOD) 
US:NASDAQ Investor Relations: innodata.com/investors
Company Research Source: Yahoo! Finance
TheFly reported on January 22 that Phillip Securities initiated coverage of PLTR with a Buy rating and a $208 price target. The firm highlighted the company's modest penetration of its total addressable market and noted that its AI software growth is exceeding 25% annually, which could drive substantial upside as the addressable market continues to expand. Furthermore, Innodata (INOD) declared on January 29 that it will offer Palantir Technologies Inc. (NASDAQ:PLTR) with high-quality training data and data engineering services to enhance PLTR's AI-powered rodeo analysis platforms. In order to enable computer vision models to recognize animals, riders, and skeleton joints and produce automated performance measures for bull riding, bronc riding, bareback riding, and barrel racing, Innodata will handle annotation and multimodal data processing for thousands of hours of rodeo film. Palantir Technologies Inc. (NASDAQ:PLTR) builds software platforms like Gotham and Foundry that help go Show less Read more
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