Palantir Technologies Inc. (PLTR) Poised for Growth as Biden Administration Advances AI Infrastructure with Executive Order
We recently compiled a list of the Top 10 AI Stocks on Latest Analyst Ratings and News.In this article, we are going to take a look at where Palantir Technologies Inc. stands against the other AI stocks.As President Joe Biden nears the end of his term, he is issuing a series of executive orders. In the latest, the President has signed an order to provide federal support to address the massive energy needs of fast-growing advanced artificial intelligence data centers.READ NOW:Top 10 AI Stocks on Wall Street’s Radar and 15 Important AI News and Ratings on Investors’ Radar. The order will allow federal land owned by the Defense and Energy departments to host gigawatt-scale AI data centers and new clean power facilities. According to Biden, the order will "accelerate the speed at which we build the next generation of AI infrastructure here in America, in a way that enhances economic competitiveness, national security, AI safety, and clean energy”."There's an estimated $175 billion sitting