00:03 — We've had a lot of big numbers come out for Q2 reports. Google Cloud is at 82 percent. AWS growth jumped up to 37 percent. But I have to take a little more time here to dig into what I'm calling the Palantir phenomenon. Here's a company that, over the last three quarters, has seen its growth rate go from 71 percent to 85 percent to 93 percent.

01:12 — What are customers asking Palantir right now to do for them? That may seem like a goofy, simple question. But if you grow at 93%, you have to be doing something special. What is it that customers are asking for, and that Palantir is delivering, that drove this 93% growth? Chad goes into a lot of detail about that and offers some unique insights there.

02:34 — I think that that's still valid, but the bigger issue now around sovereignty is who controls your data, and not only the data, but how that data is being used to drive AI output. Palantir is making the case that the large language model companies are incorporating the data and everything that goes with it into their own models.

03:27 — Finally, we had a fun conversation considering this company that has grown 93%. It is predicting that the U.S. commercial business, for the next year, will grow 134 percent, but Palantir doesn't have prices for its software.

04:00 — They go in. They talk about what the customer wants to do. They say, "Okay, given that, if we drive the value you're looking for, you pay us this." And then, as that seems to be working quite well, the customer often comes back and says, "Hey, that was terrific. Let's do this, this, and this in addition."

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The Palantir Phenomenon: Inside Its Big Q2 Growth

Cloud Wars Live with Bob Evans

The Palantir Phenomenon: Inside Its Big Q2 Growth