All articles tagged with #alex karp
Palantir CEO Alex Karp will serve as the lead investor in a new defense-tech startup founded by former Ukrainian defense minister Mykhailo Fedorov, aiming to translate Ukraine’s wartime tech experience into products for Kyiv and its allies; the company’s name and specific technologies, as well as the investment size, have not been disclosed.
Palantir posted $1.9B in quarterly revenue (up 93% YoY) and $1.1B in profit, with US commercial revenue hitting a record $764M (149% YoY, 28% QoQ) and total US revenue at $1.6B (up 115%). CEO Alex Karp credited the surge to a tiny, shrinking sales team—roughly 70 salespeople with only seven actively selling—and an annualized revenue per employee around $1.5M, illustrating a trend toward AI-enabled Tiny Teams that boost growth with lean headcount.
Palantir CEO Alex Karp appeared to melt down during a live CNBC Squawk Box interview, rambling for about 20 minutes about the AI boom and related worries, with the hosts visibly perplexed as his stream-of-consciousness tirades and digressions overshadowed the intended discussion on a Palantir–Nvidia AI infrastructure deal.
Palantir CEO Alex Karp raged at rival AI labs during a CNBC interview, accusing Anthropic and OpenAI of selling risky AI narratives and threatening partners’ data with their models, calling their business models “effing insane.” He even described himself as a “mad man” and feared he was about to be kicked out of the room, in a chaotic on-air moment that comes as Palantir maintains close government ties.
Palantir CEO Alex Karp blasted AI labs as “irresponsibly oversold,” telling CNBC that enterprise leaders are privately livid about token waste and the risk to their data and IP, and calling for greater AI sovereignty and trust in the industry to protect competitive edge.
Palantir CEO Alex Karp delivered a high-energy CNBC interview railing against frontier AI firms' token-based models, warning about intellectual-property security, criticizing proposals for wealth taxes on tech companies, and weighing in on politics and Israel, all while addressing past drug-use rumors and turning the appearance into a televised spectacle.
Palantir CEO Alex Karp criticized the token-based pricing used by OpenAI and Anthropic as overpriced and called for enterprises to own their data and compute, signaling a shift toward open-weight models and in-house tools; he noted Palantir’s expanded partnership with Nvidia to build government-focused AI models and argued that control over compute, models and the data stack is what customers want as AI costs rise and competition from China grows.
The article discusses a feud between investor Michael Burry and Palantir CEO Alex Karp over the valuation of AI companies, with Burry betting against Palantir, reflecting a broader debate about whether AI is overhyped or a revolutionary technology. This rivalry highlights the divide in the business world over AI's true worth and the sustainability of current valuations, contrasting with the ongoing Musk-Altman conflict over OpenAI's future.
Michael Burry, known for 'The Big Short,' responded to Palantir CEO Alex Karp's criticism by dismissing Karp's comments and reaffirming his bearish stance, which was based on a large put options position worth $912 million. Burry's recent actions and comments suggest he may have closed his short position against Palantir, despite publicly criticizing the company's valuation and business model. The dispute highlights ongoing tensions between short sellers and company executives amid Palantir's significant stock gains.
Palantir CEO Alex Karp declared the company 'anti-woke' during an earnings call, highlighting its support for free speech, meritocracy, and controversial alliances such as working with ICE and Israel. The company reported a 63% increase in revenue to $1.2 billion, driven by significant growth in US commercial and government sectors. Karp emphasized a focus on supporting 'average Americans' and critiqued open border policies, while also expressing a desire for a shared national identity.
Palantir CEO Alex Karp dismisses fears that AI will eliminate skilled labor jobs, asserting that AI will instead enhance workers' roles and emphasizing the company's efforts to promote a positive narrative about AI's impact on employment through its 'Working Intelligence' campaign. He highlights the importance of correcting misconceptions to prevent societal polarization and plans significant investment in this initiative, amid Palantir's recent growth driven by its AI products.
Palantir CEO Alex Karp criticized elite colleges during an earnings call, emphasizing that the company values skills and experience over traditional educational backgrounds, and highlighted its efforts to recruit talent through initiatives like the Meritocracy Fellowship. He also noted that people without college degrees are creating significant value using Palantir's products, and claimed that working at Palantir is a strong career credential. The company reported over $1 billion in revenue this quarter.
Palantir's stock has surged nearly 76% in 2025, reaching an all-time high, driven by strong government contracts and AI software adoption, despite controversy surrounding its data practices and CEO Alex Karp's blunt remarks. Veteran trader Ed Ponsi recommends buying at current high levels, citing technical and fundamental strength, with the company's close ties to government and political figures playing a role in its growth.
Palantir CEO Alex Karp celebrated the company's strong third-quarter earnings, which surpassed Wall Street expectations, attributing the success to high AI demand in the US. Karp, known for his eccentric leadership style, dismissed critics and emphasized the company's role in the AI revolution, particularly in the US market. He noted that while the US is rapidly adopting AI, Europe risks falling behind. Palantir's stock rose over 13% in after-hours trading following the earnings announcement.
Palantir CEO Alex Karp criticized corporate America for its silence following the October 7 attack on Israel, accusing companies of failing to stand up against anti-American sentiments. Karp named only three companies, including Palantir, that publicly supported Israel. He called for business leaders to address this issue and emphasized the need for change. The Reagan National Defense Forum's National Defense Survey revealed that most Americans support increased military spending and providing security assistance to Israel, Ukraine, and Taiwan, while viewing China as the greatest threat. Confidence in the American military remains low.