Palantir Technologies Inc. (NASDAQ:PLTR) is one of the 10 AI Stocks on Wall Street’s Radar. On June 10, Palantir Technologies Inc. (NASDAQ:PLTR) announced that it has entered into a multi-year partnership with Fedrigoni, an Italian manufacturer of specialty papers for packaging and other applications. The partnership will allow Fedrigoni to leverage Palantir’s advanced AI capabilities and innovative solutions to accelerate its digital and operational transformation.

Palantir’s innovative solutions and cutting-edge AI technology will not only be limited to Fedrigni’s stock optimization and demand forecasting, but will expand to support its entire digital transformation objectives. This will allow the paper manufacturer to improve its responsiveness to market dynamics and its ability to anticipate and meet customer demands.

A scientist at a computer station, surrounded by a neural network of artificial intelligence code.

Palantir’s Managing Director for Palantir France and EMEA Executive, François Bohuon, expressed enthusiasm for the partnership:

“We are excited to collaborate with Fedrigoni on their digital transformation journey. This partnership highlights the transformative potential of AI in traditional industries, and we are honored to support Fedrigoni in achieving their strategic vision.”

While we acknowledge the potential of PLTR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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