Alex Karp

Karp said Palantir’s quarter reflected strong demand for its AI and software products and highlighted the company’s optimistic outlook. He also used the occasion to criticize how AI is sold and to promote Palantir’s focus on sovereign AI for enterprise and government customers.

In a CNBC interview, Karp criticized the AI industry’s business model, arguing that major labs charge too much and mishandle customer data. He discussed Palantir’s partnership with Nvidia and framed it as part of a push to deliver more secure AI for government use.

Karp said enterprise customers are frustrated with frontier AI labs and questioned whether those firms prioritize customer needs over pricing. He connected those remarks to Palantir’s strategy of building enterprise and government AI products.

During Palantir’s earnings call, Karp criticized Canada and much of Europe for lagging in artificial intelligence adoption. He described the world as splitting into AI leaders and laggards, tying the point to Palantir’s performance and the broader race for AI competitiveness.

Karp defended Palantir’s surveillance technology as the company reported sharply higher sales. He said the systems include safeguards against government overreach, and Palantir raised its 2026 revenue outlook to more than 60% growth from 2025.