Billionaire Ken Griffin Dumps Amazon, Loads Up on Palantir After 1,030% AI Surge

In a bold shift that has captured the attention of investors around the world, billionaire hedge fund manager Ken Griffin has rebalanced part of his portfolio by reducing exposure to Amazon and substantially increasing his holdings in Palantir, a company that has benefited tremendously from the ongoing AI revolution. This move comes after Palantir’s stock delivered an extraordinary 1,030 percent surge, driven by strong demand for its artificial intelligence and data analytics technologies.