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Palantir Technologies CEO Alex Karp said Thursday that frontier AI labs like Anthropic and OpenAI may hand Washington 50% of their businesses to escape client lawsuits. Key Points: Karp says the AI safety debate is really about labs shielding themselves from client lawsuits. He wants civil and crimi

Palantir CEO Alex Karp said the AI industry carries Marxist overtones, warning that frontier labs want to seize their customers' means of production, hours after posting 93% revenue growth. Key Points: Karp used Palantir's quarterly shareholder letter to accuse large language model builders of captu

Palantir Technologies CEO Alex Karp accused OpenAI and Anthropic of overselling token-based AI services that he said often produce little measurable value for large companies. Key Points: Karp said enterprises are paying for AI tokens without receiving results that justify the expense. He argued tha

Palantir reportedly lost more than 50 engineers in a year, and its shares shed roughly a quarter of their value in 2026, with chief executive Alex Karp's politics drawing blame, according to media reports. Key Points: More than 50 experienced engineers reportedly left Palantir over the past year, wi

Palantir shares fell 1.6% on Jul. 8 after a report raised concern that Democrats could scrutinize the company’s government contracts. Key Points: Palantir ended a seven-day rally that had lifted the stock 25%. A Financial Times report pointed to internal concern over possible Democratic pressure on