Palantir

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Key Facts

Founded2003

Key PeopleAlex Karp

HeadquartersDenver, USA

ProductsAIP, Gotham, Foundry

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Alex Karp unleashes on OpenAI and Anthropic as AI industry faces growing enterprise backlash

Palantir CEO Alex Karp launched a scathing critique of frontier AI labs OpenAI and Anthropic, declaring that 'something has gone completely wrong' with their token-based pricing models. In a high-energy CNBC appearance, Karp claimed CEOs are 'livid' about rising AI costs and minimal returns, while enterprises increasingly turn to cheaper Chinese models and open-weight alternatives. The controversy highlights mounting tensions in the AI industry as businesses demand better value and control over their data.

Technology16 sources

Alex Karp unleashes on OpenAI and Anthropic as AI industry faces growing enterprise backlash

Technology16 sources

Palantir bets enterprise AI's future lies in control, not just models, as stock slides 33%

Military software company Palantir faces mounting pressure as its stock drops 33% year-to-date amid fears that OpenAI and Anthropic could replicate its data analytics capabilities. CEO Alex Karp is pushing back hard, arguing the real value in enterprise AI lies not in large language models themselves, but in the secure application layer that lets businesses maintain control over their proprietary data and workflows.

Business11 sources

Palantir bets enterprise AI's future lies in control, not just models, as stock slides 33%

Business11 sources

Palantir Deploys NVIDIA Nemotron in Secure Sovereign AI Engine for US Government Agencies

Palantir and NVIDIA announced a strategic collaboration to deliver an intelligent engine running NVIDIA Nemotron open models in sovereign environments for US government agencies and critical infrastructure operators. The partnership enables agencies to train customizable AI models on proprietary data within air-gapped environments while retaining full ownership of model weights and operational knowledge.

Technology2 sources

Palantir Deploys NVIDIA Nemotron in Secure Sovereign AI Engine for US Government Agencies

Technology2 sources

Zeta Global stock surges 9.9% as Palantir partnership unveils AI marketing infrastructure

Zeta Global shares climbed 9.9% in premarket trading after announcing a strategic Palantir partnership to build enterprise AI infrastructure for marketing. The collaboration will rearchitect Zeta's Data Cloud on Palantir's Foundry platform, with the AI-powered intelligence layer Athena converting enterprise data into real-time marketing decisions at scale.

Technology2 sources

Zeta Global stock surges 9.9% as Palantir partnership unveils AI marketing infrastructure

Technology2 sources

Conduct Secures $60M Series A to Transform Enterprise Software Modernization Before 2027 Deadline

London-based Conduct raised $60M in Series A funding from Index Ventures, ICONIQ and SAP to help enterprises modernize legacy systems. Founded by ex-Palantir engineers, the startup targets the 17,000 SAP ECC customers facing a December 2027 deadline. The platform uses AI to map custom code and automate migrations that typically take 18 to 36 months.

Startups3 sources

Conduct Secures $60M Series A to Transform Enterprise Software Modernization Before 2027 Deadline

Startups3 sources

France intelligence agency drops Palantir for homegrown rival amid AI sovereignty push

France's domestic intelligence service DGSI is replacing Palantir with ChapsVision's ArgonOS, just six months after renewing the American firm's contract. The move is part of a €655 million investment in sovereign technology, as European nations reconsider their dependency on American AI technologies following recent access restrictions.

Policy2 sources

France intelligence agency drops Palantir for homegrown rival amid AI sovereignty push

Policy2 sources

Palantir CEO Alex Karp says enterprises are fed up with frontier AI labs like OpenAI and Anthropic

Palantir CEO Alex Karp launched a scathing attack on frontier AI labs, claiming every enterprise customer his company deals with is unhappy with OpenAI and Anthropic. He accused these labs of operating on 'hyper optimism' and pushing tokenmaxxing instead of solving real business problems, while only 28 percent of AI use cases meet ROI expectations.

Business2 sources

Palantir CEO Alex Karp says enterprises are fed up with frontier AI labs like OpenAI and Anthropic

Business2 sources

AI giants spend $16 million to shape Manhattan primary as regulation debate intensifies

Super PACs tied to OpenAI and Anthropic have unleashed more than $16 million in the race for New York's 12th congressional district, transforming what began as attacks on state lawmaker Alex Bores into a national proxy battle over AI regulation. The spending has inadvertently elevated Bores into a front-runner, while exposing how quickly tech giants can reshape electoral politics.

Policy3 sources

AI giants spend $16 million to shape Manhattan primary as regulation debate intensifies

Policy3 sources

Palantir faces fierce backlash over AI-driven military manifesto calling for draft and weapons

Palantir sparked controversy with a 22-point manifesto advocating for AI-powered weapons and mandatory military service. CEO Alex Karp's vision argues Silicon Valley owes a moral debt to defend the nation, but critics warn the document promotes militarized AI and dangerous ties between tech firms and defense sectors.

Policy4 sources

Palantir faces fierce backlash over AI-driven military manifesto calling for draft and weapons

Policy4 sources

Palantir, Thales, and Air Space Intelligence compete to build FAA's predictive air traffic AI

The FAA has selected Palantir Technologies Inc., Thales SA, and Air Space Intelligence Inc. to compete on developing SMART, an artificial intelligence tool that could predict air traffic conflicts up to two hours in advance. The system is part of a $32.5 billion modernization effort to overhaul the nation's aging air traffic control infrastructure and address controller overwork following recent safety incidents.

Technology2 sources

Palantir, Thales, and Air Space Intelligence compete to build FAA's predictive air traffic AI

Technology2 sources

Michael Burry warns Anthropic is eating Palantir's lunch as stock plunges 6% amid AI rivalry

Michael Burry sparked a sharp Palantir stock decline with claims that Anthropic is capturing the majority of enterprise AI spending. The Big Short investor disclosed bearish put options covering five million shares, criticizing Palantir's reliance on third-party AI models. While some analysts dismiss the threat, data shows Anthropic securing 70% of new enterprise AI spending.

Business3 sources

Michael Burry warns Anthropic is eating Palantir's lunch as stock plunges 6% amid AI rivalry

Business3 sources

Palantir deflects AI targeting accountability to military as Maven processes 11,000+ Iran strikes

Palantir's UK head Louis Mosley says responsibility for AI-powered Maven Smart System targeting decisions rests with military customers, not the company. The Pentagon is designating Maven as a formal program of record with multi-year funding as experts raise concerns about verification time and civilian casualties in Operation Epic Fury.

Policy4 sources

Palantir deflects AI targeting accountability to military as Maven processes 11,000+ Iran strikes

Policy4 sources

Iran threatens US tech companies as AI data centers become targets in escalating conflict

Iran's Islamic Revolutionary Guard Corps has issued direct threats against major US tech companies operating in the Middle East, warning of imminent attacks on AI data centers including the $30 billion Stargate facility in Abu Dhabi. The escalation follows earlier strikes on Amazon Web Services infrastructure and marks a dangerous shift toward targeting billions in commercial tech assets.

Technology12 sources

Iran threatens US tech companies as AI data centers become targets in escalating conflict

Technology12 sources

Britain's FCA Palantir Contract Faces Backlash Over Sensitive Financial Data Access

The UK's Financial Conduct Authority has awarded Palantir a 12-week trial contract to analyze internal intelligence data using AI to combat financial crime. But MPs are raising alarm over the Peter Thiel-backed company's access to highly sensitive regulatory data, questioning whether the deal creates dangerous reliance on US tech firms and poses risks to privacy and national security.

Policy8 sources

Britain's FCA Palantir Contract Faces Backlash Over Sensitive Financial Data Access

Policy8 sources

ServiceNow CEO warns AI agents could push graduate unemployment above 30% in coming years

ServiceNow CEO Bill McDermott predicts graduate unemployment could surge to the mid-30% range within a couple of years as AI agents take over entry-level tasks. Currently at 5.6%, unemployment rates for recent graduates face steep climbs as companies replace junior roles with AI automation. BlackRock's Larry Fink echoes concerns, warning the class of 2026 may face the highest unemployment in years even without a recession.

Business6 sources

ServiceNow CEO warns AI agents could push graduate unemployment above 30% in coming years

Business6 sources

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