The AI revolution has entered the deployment phase. Wedbush is bullish on the prospects of Palantir (PLTR.US).

Wedbush Securities reiterated its "outperform" rating on American big data analytics company Palantir (PLTR.US) and raised its target price from $30 to $35. It is understood that Palantir hosted an event called AIPCon on Thursday, which included an artificial intelligence (AI) experience camp called "Bootcamp", aimed at showcasing the company's AI products and its flagship AI tool - the Palantir Artificial Intelligence Platform (AIP). Wedbush analyst Dan Ives, after attending the AIPCon event, expressed increasing optimism about Palantir's development in the field of artificial intelligence. He said, "With the AI revolution quickly entering key use cases and deployment stages, we see Palantir with its flagship AIP platform and numerous customer training camps in the best position to benefit from the corporate spending wave." Ives noted that the recent agreement Palantir reached with the U.S. Army on the TITAN project is just the beginning, as the company's AI platform is a "game-changer". Ives stated, "Palantir will continue to pioneer and guide customers in deploying products, optimizing workflows, and generating operational results at an industry-leading pace, while incorporating privacy protection features." As of the time of writing, Palantir was up 1.59% in pre-market trading, at $26.88.