Palantir Goes "Oppenheimer" With Deadly AI Robot Dogs...

South Korea doing South Korea things: “Let’s make an AI robot dog that kills…”

Palantir: “Say no more…” 

In light of all the crazy innovations Elon Musk probably dreams up at night (like putting a legit computer chip in our brains), Palantir CEO, Alex Karp, is looking to one up the renaissance man himself by partnering with LIG Nex1 (South Korea’s leading defense contractor) to make their AI robot dogs more deadly. Wild…can’t wait to see this in Netflix’s next war movie. 

(Source: Reddit) 

Now, if you’re thinking that Alex Karp, has been channeling his inner Tony Stark recently, well then you’d be correct. This news of Palantir’s partnership with South Korea’s military defense follows the penned love letter: “Our Oppenheimer Moment” that he recently sent to the U.S. government. 

(Source: Magnitive) 

However, while ethical hand-wringing has been somewhat of a stumbling block for the government, the parallels of “Oppenheimer” that Karp wrote in his op-ed basically tells us he’s not to worried about using AI to “F*** Sh^t Up” on foreign enemies. 

(Source: Giphy) 

So given this revelation, what’s the deal with Palantir’s new partnership with LIG Nex1? Well, in short, Palantir’s data management and advanced AI wizardry is set to “super saiyan” South Korea's top tech defense. With a signed memorandum on the table, Palantir is now souping up South Korea's unmanned vehicles (robot dogs) and electronic warfare systems with their AI driven logic and data pipeline. 

(Source: The Korea Herald) 

Which honestly, doesn’t sound like much until you realize that Palantir is giving them the full buffett of small synthetic aperture radar satellites and electromagnetic spectrum operations in order to jam, deceive, and track enemies with the brains of AI. 

(Source: LivaRava Technology) 

So yeah, in short, South Korea’s military is getting a major upgrade during the same time that the U.S. is upping its secret task forces with Palantir and Microsoft's advanced cloud computing partnership.

(Source: Microsoft)

Meaning, not only is Alex Karp walking the talk when it comes to AI and the military, but he’s positioning Palantir to be the absolute go-to for AI integration in military defenses. See: “riches are in the niches, b**ches” 

As expected Wall Street is absolutely buzzing on the path Palantir is following right now. With a recent grand slam earnings report beating analyst EPS and revenue estimates by 10.55% and 3.94%, respectively - the bullish sentiment for the stock continues, as these numbers sealed the fourth straight quarter in a row Palantir left Wall Street nodding in approval.

(Source: IBD)

For this reason, Bank of America, Wedbush, and D.A. Davidson have recently put price targets at $30, $38, and $28, signifying an upside between 11.42% to $41.68%. Of course, at the time of this writing, Palantir has already hit the $28 target today, with only more momentum behind it. 

(Source: Street Insider) 

What’s more, is that in addition to the news of Palantir expanding its operations overseas, and reporting impressive fundamentals, the technicals of price action are just adding the flame to the fire. For instance, every single technical indicator we have at Stocks.News is screaming “buy” for Palantir as all 15 moving averages are showing a continued uptrend. 

So with that said, what’s the takeaway here?

Well in short, for investors, Palantir is looking like a blazing hot ticket, especially in a world where tech and defense are becoming inseparable. However, while some may see them as the harbingers of a sci-fi dystopia (think Skynet), or the architects of safer national security… it’s clear Palantir ain’t slowing down for nobody. 

(Source: Giphy) 

The company is obviously on the offense, both literally and figuratively, with their partnerships with Microsoft (and now LIG Nex1) making them a company to definitely keep an eye on. 

So with that said, while we await more details on this partnership with LIG Nex1, including how Netflix is going to write a storyline for killer Robot dogs, stay safe and don’t sleep on Palantir.

At the time of this writing, Palantir is down -1.17% on the day (up 78.87% YTD). 

Stocks.News holds positions in Microsoft and Netflix as mentioned in the article.