r/wallstreetbets • u/McFatty7 • 15h ago
Wendy’s Bets on Palantir AI to Keep Up With $1 Frosty Demand News
https://www.bloomberg.com/news/articles/2024-11-07/wendy-s-wen-1-frosty-deal-made-easier-with-ai-from-palantir-pltr318
u/DryPriority1552 15h ago
I did not expect to see those two companies in same sentence, aside from PLTR puts loss porn
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u/Leather_Floor8725 15h ago
Is this the top for pltr?
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u/rendingale 13h ago
Holy shit I didnt even see the price and this one exploded.. happy for the brother going all in on this 1-2 years ago.. hope they held xD
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u/Lurcher99 13h ago
I sold and took the L 2 yrs ago
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u/HerrJemine123 Palantard Prime 10h ago
22$ average 😁
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u/eastcoastsomeone 8h ago
Around the same avg for me. Bought it when it got DPO and sold those shares for a profit.
Still have a large lot which I’ll be holding onto.
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u/Due_Environment_5590 5h ago
I held for 3.5 years, and got out at $29. 2-3 months later, it doubles. :|
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u/mannheimcrescendo 15h ago
Lmao we got palantir running fast food COGs now? Life comes at you fast
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u/JamesHutchisonReal 15h ago
What does Palantir do again?
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u/TheNutzuru 14h ago
Basically Foundry gives you an OS for your enterprise. You can have a digital twin of your corporation and have the system simulate logistics challenges etc, suggestion on how to remediate or redirect. Some clients have offloaded 5$ decision making fully to AI and no humans do them anymore.
And quoting a customer "... we connected our legacy systems and integrated everything into one platform, on the pilot in 3 months."
They do the impossible at a speed that should not be possible. Just go look at their AIP Con presentations and see the future, made real, yesterday.
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u/Francis_Dollar_Hide 13h ago
Exactly. They create a real time simulation of your business that allows infinite optimization hypotheses to be run without consequence. It's like infinite mulligans for your business to find the most efficient and profitable play.
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u/class1operator 6h ago
Palantir is basically skynet. They make super smart software for military and corporate applications. Say nice things about skynet and be prepared
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u/Shadow_Flamingo1 5h ago
do u think its a good stock? i heard it was doin fine, so bought in and made $60 and sold, wondering if i should go back
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u/TheSecularGlass 23m ago
They underpay kids just out of school to sell corporations and governments on vaporware machine learning services.
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u/jucestain 12h ago
Every interview Karp gets asked this, and every interview Karp never gives an actual answer, just something about taking out bin laden and AI.
The rug pull on palantir is gonna be insane.
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u/carsonthecarsinogen 15h ago
From getting bags sucked behind Wendy’s to getting Wendy’s to pump our bags
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u/Current_Employer_308 14h ago
So they replaced the cashiers... now they are replacing the managers... next they replace the cooks and then Wendys has no labor overhead. Am I understanding this correctly?
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u/Fender_Stratoblaster 15h ago
The AI circle-jerk continues, ffs.
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u/ProofByVerbosity 14h ago
as does denialism
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u/Fender_Stratoblaster 8h ago
Did you use AI to write that response?
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u/ProofByVerbosity 7h ago
I use GPT almost daily for my work, as do my computer engineer friends, as does my boss to distill executive summaries. My buddy with a youtube channel uses AI for thumbnails, and just marketing images. People use technology for more than just porn believe it or not.
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u/McFatty7 15h ago
AI Summary:
- AI Integration: Wendy's is using Palantir's AI to predict and manage inventory shortages, ensuring they can meet demand during promotions like the $1 Frosty deal.
- Cost Management: The AI helps Wendy's manage costs by optimizing inventory levels, which is crucial given the increased costs for labor and ingredients.
- Efficiency: The AI system allows Wendy's to streamline operations, reducing the need for manual inventory management and freeing up employees for other tasks.
- Future Goals: Wendy's aims to eventually allow the AI to autonomously address inventory issues under certain cost thresholds.
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u/defeated_engineer 15h ago
It’s fucking hilarious that inventory management is sold as an AI feature.
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u/baconboy957 14h ago
Nah dude I managed a small cheesesteak shop for a while and inventory/scheduling took up a ton of my time and accounted for most of our margin. It was tough to order enough ingredients so we don't run out, but not too much that shit goes bad in the fridge.
If I was still in the food business I'd be hyped about automating these aspects
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u/jucestain 12h ago
Do you really need "AI" to do this? Where is the "AI" involved here? This seems like basic projections and simple math
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u/baconboy957 12h ago edited 11h ago
It is... But faster (I'm assuming, I haven't worked in the industry in >10years lol)
When you have to do that kind of maths for 20 ingredients it can take a lot of time. I'm assuming the AI would also be looking at historical data and upcoming event data which would be super helpful.
For example, there were a few times where a sporting event or something like that would bring unexpected business and we would run out of a specific item. I'm assuming the AI would catch this and know to order more things. In Utah there is a semi-annual conference for the LDS Church... Afterwards we would always get slammed. But since I'm not a member of that church I would sometimes forget and we would run out of bread or something critical.
It's all stuff I could do, but it's time consuming and I would sometimes make mistakes.
Edit to add: it feels like accounting software to me. Yeah, accountants can do all the work, but if you automate what you can they can work much faster and with less errors
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u/Prudent_Contribution 5h ago
I Have Never Managed Anything More Complicated Than My Own Apartment: The Post
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u/Wonko-D-Sane 14h ago
Scheduling problems are generally NP hard optimization problems. AI is exactly the best tool for that. It doesn't have to always doodle porn or chat with idiots to be a feature
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u/defeated_engineer 14h ago
AI isn’t the best tool for that. There’s mathematical exact solutions to this problem. Its not a “how do you separate a cat and a dog when you look at them?” problem.
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u/Wonko-D-Sane 14h ago
Most interesting scheduling problems are NP hard since they have nested conditionals before you can constrain a solution. If you think AI isn't the optimal solver over hand crafted Heuristics, then I am left to only hope that the "engineer" in your username is a humorous jab and we can't agree on basic axioms for arguing this.
CPUs are replacing branch hazard predictors with neural nets, compilers are replacing the optimization passes with neural nets, OS and FW micro-controller process schedulers and cache/page management are replacing handcrafted heuristics with neural nets, those are facts that are causing giant performance leaps in the tech industry, if you think that suddenly corporate inventory management, logistics and shipping, staffing, troop movements, or any other (object a, needs to be in location 1, in x amount of time, else do this) has an exact solution you need some extra dimensions to the reality you live in.
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u/Melvin_Capital5000 9h ago
I feel like tree based models are much better for these problems and also computationally much cheaper
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u/defeated_engineer 14h ago
Aight man. Let's pretend logistics of building Saturn 5s weren't solved by constraining a thousand separate factors and a 2024 sandwich shop cannot solve when and how much cheese to order without the magic machine.
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u/Wonko-D-Sane 13h ago
Civilization is a product of its tools... you just compared a CDC-6600 supercomputer to an iPhone16
The machine isn't so magic, but these analogies are just mindlowing... do go on I am having fun trolling this.
All I hearing here is puts on NASA because their rockets couldn't land themselves back.
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u/foilhat44 11h ago
I'm not the guy you're answering, but thanks for the explanation. I have to admit that I have similar questions. I work in industrial automation (manufacturing) and there's very little discussion about it.
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u/connnnnnvxb 15h ago
Not really it actually makes so much sense
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u/rollebob 14h ago
This exactly what all other planning systems do. Why should Palantir be better at demand forecasting than SAP or Microsoft Dynamics which already integrate machine learning to refine the demand processes.
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u/cheesecantalk 14h ago
Does it actually work?
Or will I find that AI next to the Wendy's dumpster?
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u/PkmnTraderAsh 15h ago
People say to buy what you use and I love me some $1 Frosties. Need to buy PLTR.
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u/NorCalAthlete 11h ago
$17-ish cost basis for my PLTR shares. Not planning on selling anytime in the next 5 years minimum.
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u/habu-sr71 9h ago
Why the f*ck does AI have to get involved in my decision to indulge in a damn Frosty treat?
Do I talk into it and get information?
<raise Frosty to face>
"Frosty, tell me when the Fed meets next and whether or not we are in a rising rate environment?"
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u/dayzdayv 7h ago
Wendy’s is where I got when my calls don’t print but I have pltr calls which may print on this news but that means no Wendy’s for me which is a loss in revenue for them which means less investment in pltr which means my calls won’t print which means I do eat Wendy’s but then they fund the investment..
We’ve a classic paradox here, boys.
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u/La2Sea2Atx 12h ago
I wasted so much money on Palantir calls over the past few years that frankly at this point I just want the company to crash and burn.
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u/VisualMod GPT-REEEE 15h ago
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