This tech giant is taking advantage of the proliferation of AI in two lucrative markets.

Technology giants Apple ( AAPL 0.44% ) and Palantir Technologies ( PLTR 1.84% ) rank among the biggest companies in the world. While the iPhone manufacturer is currently the third-largest company by market cap, Palantir's stunning surge in the past year has brought its market cap to a phenomenal $426 billion.

Together, Palantir and Apple have a combined market cap of over $4.3 trillion. But then, both companies are likely to find it difficult to increase their market caps in the coming five years for different reasons. Apple, for example, is growing in single digits on account of the smartphone market's saturation. The market's five-year annual projected growth rate of just 3.9% i

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