Palantir raised its full-year outlook on strong demand for its AI software, but shares slipped in extended trading Monday as the company's results failed to impress.

Chief Financial Officer David Glazer added that Palantir aspires to be “the most important software company in the world.” The guidance for about $3.9 billion in revenue this

Palantir Technologies raised its annual sales forecast on Monday, although its inline profit and a modest revenue beat disappointed investors who were expecting more from the AI-focused data and analytics firm,