Ives: Palantir Leads Enterprise AI Adoption

In a CNBC interview on May 5, 2026, Wedbush Global Head of Technology Research Dan Ives said the artificial intelligence revolution remains in its "third inning," and named Palantir Technologies the clear frontrunner among software companies capitalizing on enterprise AI demand, according to CNBC and a Seeking Alpha summary of the interview. Ives cited rising government spending, broadening enterprise adoption, and elevated cybersecurity needs as drivers of a continued technology bull market. In an earlier CNBC appearance reported by The Motley Fool on May 1, Ives used nearly identical framing, telling CNBC "we're in the third inning of this nine-inning game relative to AI, and that's bullish," and separately called Palantir "at the epicenter" of the AI revolution, projecting it could become a trillion-dollar company within two to three years.

Ives has also described US government AI spending as a "golden goose," projecting contract value could reach hundreds of billions of dollars near-term with longer-run potential in the trillions, and has pointed to Intel, Cisco, and Dell as evidence the AI trade is broadening beyond megacap chipmakers into hardware, software, and infrastructure names.

Practitioners evaluating enterprise AI vendors should treat Ives' Palantir endorsement as one prominent sell-side voice rather than independent validation. It reflects Wall Street's read on which vendors are winning large government and enterprise contracts, not a technical benchmark or product comparison.

Watch for Palantir's own quarterly results and government contract disclosures, which are the concrete data Ives' commentary references, rather than further repetitions of the "third inning" framing itself.