William Blair forecasts Palantir's U.S. commercial business to grow 103% for the September quarter, noting that "an overall Rule-of-100 quarter is possible as incredible as that sounds." The firm also indicated that OpenAI is not currently impacting Palantir's growth rate. On the defense side, Palantir has already secured several contracts in the September quarter, with William Blair's "Dotted Line tracker" monitoring additional large programs in the pipeline. Despite the positive momentum, William Blair highlighted investor concerns about the competitive landscape five years from now, as companies like OpenAI raise capital, recruit talent, and pursue enterprise and defense markets. In other recent news, Palantir Technologies has announced a collaboration with Lumen Technologies to integrate its Foundry and Artificial Intelligence Platform across Lumen's operations.