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

TechCrunch
Read full post
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.

More on this story


More in Business & Enterprise

Universal Music is launching an AI music platform with ElevenLabs

Covered by 5 sources

Apple’s first foldable is the iPhone Duo, and it costs $1,999

Covered by 6 sources

Peter Thiel-Backed AI Startup Cognition Raises Funds at $48 Billion Valuation

Covered by 2 sources