Palantir produced $2.8 billion in revenues in 2024, far and above BBAI’s $165 million. While that’s not a dealbreaker, SeekingAlpha sees Palantir having the edge.

Shares of BigBear.ai Holdings ( BBAI 21.75%) are flying higher on Wednesday. The company's stock gained 11.6% as of 12:35 p.m. ET, but was up as much as 15.5% earlier in the day. The gain comes as the S&P 500 ( ^GSPC -0.27%) dropped 0.3% and the Nasdaq Composite ( ^IXIC 0.03%) was flat.

Investors looking for the next big AI thing have begun fixing their gaze upon BigBear.ai (NYSE:BBAI), a data analytics company that helps

Shares of BigBear.AI (NYSE:BBAI) are up more than 50% on the day, with volume spiking to 212.44 million, as compared to its daily average volume. All thanks to a new contract with the U.S. Department of Defense’s Chief Digital and Artificial Intelligence Office (CDAO).