Feb 11 - Wedbush identifies Palantir Technologies (PLTR, Financial) and Salesforce (CRM, Financial) as the premier software plays driving the AI revolution in 2025. The firm asserts that, in addition to these industry leaders, several vendors have joined the AI party, including Oracle (ORCL, Financial), IBM (IBM, Financial), Innodata (INOD, Financial), Snowflake (SNOW, Financial), MongoDB (MDB, Financial), Elastic (ESTC, Financial), and Pegasystems (PEGA, Financial). Analysts led by Daniel Ives observe that Palantir expands its use cases, cultivating a broader partner ecosystem and meeting increasing demand for enterprise-scale generative AI solutions.
It would be brands of all kinds, but Ives's team is tracking dozens of big companies on the AI guardrail, watching enterprise spending as well as all sorts of use cases. According to them, CIOs are accelerating their AI strategies, and AI will take around 10–15% of IT budgets in the coming months. Nvidia (NVDA, Financial) chips and robust cloud services are very important in early AI deployments. Nvidia, he notes, every dollar you invest in Nvidia multiplies, somewhere, eight, nine, 10 times in the tech ecosystem. According to Wedbush, accelerated AI adoption fueled by platforms like Palantir's Artificial Intelligence Platform could lead to a $2 trillion capital expenditure wave over the next three years — the highest individual figure on the overall private compute pie — by reshaping enterprise technology investments. Investment in the tech landscape leads to unforeseen challenges, and the analysts recommend being careful.
