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Prediction: Palantir's New Deal With NATO Could Revolutionize How Artificial Intelligence (AI) Is Used in the Public Sector. Here's Why.
NATO recently partnered with Palantir and will be deploying the company's Maven Smart System.
The technology sector has gotten off to a rough start this year. According to data from Yahoo! Finance, the tech sector has declined by 13.6% in 2025 (as of April 24). Underneath the broader technology umbrella, the software infrastructure subsector has dropped by roughly 10% on the year.
One software stock that has demonstrated some resiliency compared its peers is data analytics platform Palantir Technologies (NASDAQ: PLTR). As of this writing, shares of Palantir have gained 33% this year -- making it the best performer among Nasdaq-100 stocks.
One of the catalysts fueling enthusiasm for Palantir is the company's consistent demonstration showing how its artificial intelligence (AI) software applications are used by large enterprises. A few weeks ago, Palantir struck a partnership with the North Atlantic Treaty Organization (NATO). Unsurprisingly, shares experienced a brief jump on this news.
