Is Palantir just a "glorified" consulting company?

Like a lot of you, I was bullish on Palantir (PLTR) for a long time. But after spending more time looking into it, I'm starting to feel less optimistic. Here's what feels off to me:

• I've spent a lot of time with data science and AI, but I rarely see Palantir products in the wild. Snowflake's products, for comparison, are pretty ubiquitous for data engineering.
• The AIP (Artificial Intelligence Platform) looks great on paper, but it'll take a lot of resources to implement it. Just picture trying to integrate all the production and logistics details of even a small-sized company—it’s a huge task that requires a lot of Palantir experts and thus money.
• This brings me to the next thing: Palantir was often called a "glorified" IT consulting company, not a real software company. From what I know, Palantir doesn't have its own foundational AI model. AIP is "just" a platform for implementing models like GPT-4 and mirroring a company's internal networks. Such customized software solutions must be a huge effort to create and maintain. But what's the moat here? That doesn't mean that the resulting software is bad, but how does this scale? To me, this sounds like a consulting business...
• Palantir has a great reputation thanks to its government contracts. But this mainly comes from the days when it was hard for government organizations to find good programmers - perfect conditions for an IT consulting company.
• Palantir's bulls often say that the company's most advanced technology is top secret, which makes it hard to see how they're ahead of the game. If these cutting-edge technologies are only for the military and intelligence, then Palantir is basically a defense contractor, which also doesn’t justify the current valuation.

I'm looking forward to a productive discussion :-)