Alex Karp’s crusade against frontier AI labs continues. During Palantir’s second-quarter earnings call on Monday, the CEO and cofounder reiterated his view that leading AI labs could absorb enterprises’ data, intellectual property, and expertise into their models and ultimately use that to compete with their customers. “They deserve to colonize your enterprise,” Karp said, characterizing
Palantir blew past Wall Street’s financial targets in its second quarter and forecast strong growth in the coming months, sending its stock surging 13% in after-hours trading on Monday. Revenue in the three months ended June 30 increased 93% year over year, totaling $1.94 billion, compared with the $1.801 billion that analysts were expecting. The
Palantir CEO Alex Karp on Monday once again warned that AI frontier labs are too untrustworthy for enterprises. The CEO, who famously studied philosophy and earned a PhD in social theory, implied in Palantir’s quarterly shareholder letter that these were the kinds of capitalists who gave rise to Marxist socialism. “There are Marxist overtones and
ICE agents stand guard outside an immigration detention center in Newark, New Jersey, in May 2026. Medicaid officials improperly shared data on millions of people with ICE, who then shared that data with data analytics firm Palantir, according to new court documents. Adam Gray/Getty Images hide title toggle title Adam Gray/Getty Images After Medicaid officials
Karp is an avid skier who trains intensely. As such, this 3,700-acre ranch about 15 miles north of Aspen in St. Benedict’s Monastery was a suitable purchase. According to its original listing, the property is “situated in a private mountain valley” in Capitol Creek Valley. The property was originally listed for $150 million in 2024,
The Internal Revenue Service paid Palantir $1.8 million last year to improve a custom tool designed to help the tax agency identify the “highest-value” cases for audits, collection of unpaid taxes, and potential criminal investigations, according to documents WIRED obtained via public record request. When the contract was signed, the IRS said it was using