After killer quarter, Palantir CEO Alex Karp calls AI industry ‘Marxist’

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Palantir CEO Alex Karp criticized AI frontier labs for attempting to control enterprise data and production means, likening their approach to Marxist socialism. Despite this, Palantir reported a strong quarter with $1.9 billion revenue and $1.1 billion profit, attributing growth to AI adoption. Karp emphasized Palantir's model-agnostic AI software empowers clients to retain control over their data and AI outputs.

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