Data company Palantir saw its stock price surge over 19% following its earnings report on Monday, reaching a record high. The company reported a 20% year-on-year revenue growth in the fourth quarter, totaling $608 million. The increasing demand for large language models in the United States has boosted Palantir's performance. The earnings report indicated significant growth in net income and earnings per share, along with an increase in the number of commercial customers.

Google has announced the termination of its contract with Australian data company Appen, which provided training for large language model AI for Google products such as Bard and Search. The termination of the contract poses a significant revenue impact on Appen, and concerns about low wages for human workers have come to the forefront. A Google spokesperson stated that they will work with Appen to ensure a smooth transition. The concerns about wages and working conditions for human workers in the AI industry have become a hot topic of discussion.

93% of companies plan to increase their investment in AI over the next 12 months. All Chinese companies and 98% of Indian companies were found to be preparing to increase their generative AI investments. The entertainment, technology, and consumer goods sectors are leading, followed by construction and real estate, financial services, and transportation sectors.