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Bullboard - Stock Discussion Forum Datametrex AI Ltd V.DM

Alternate Symbol(s):  DTMXF

Technology Information Technology Services
Datametrex AI Limited is a technology-focused company with exposure to artificial intelligence, healthcare, and mobile gaming. It is focused on collecting, analyzing and presenting structured and unstructured data using machine learning and artificial intelligence. The Company's products include AnalyticsGPT, Cyber Security, and Healthcare. AnalyticsGPT platform scans vast data streams from... see more

TSXV:DM - Post Discussion

Datametrex AI Ltd > Palantir $116M AI Contract
View:
Post by millritemike on Dec 17, 2021 10:36am

Palantir $116M AI Contract

The Covid-19 tests are bringing in a couple of bucks for the coffers and keeping the lights on. Come on MG get us one of these AI contacts!
https://apple.news/AjTWX5GtMSemnAMTBnMIqtA
Comment by Resilience19 on Dec 17, 2021 12:47pm
Nice catch from Palantir BUT given that PLTR has a mc of $37.88B, this $116M contract represents 0.003 of PLTR mc. Knowing that DM has a mc of $58.6M a $116M for PLTR would represent a $175,000 contract for DM. On 12 Nov '21, alone, DM announced a $1M EV (AI) contract.  If PLTR received a proportionally large contract, it would have to be worth $663M. Therefore, although I don' ...more  
Comment by Resilience19 on Dec 17, 2021 12:58pm
On another note, what your refer to as "COVID-19 tests are bringing in a couple of bucks for (DM) coffers and keeping the lights on", you may want to go back to a statement from MG stating that a single of their COVID-19 testing contracts is expected to generate $50M over one year. Given that DM's mc currently sits at $58.6M, that COVID-19 contract, alone, represents 85.3% of DM' ...more  
Datametrex AI Ltd