Palantir CEO Alex Karp Says AI Labs Are Chasing 'Tokens' While Enterprises Fear for Their IP: 'Something Has Gone Completely Wrong'

On Wednesday, Palantir Technologies Inc. (NASDAQ: PLTR ) CEO Alex Karp argued that many enterprise customers are growing increasingly skeptical of frontier AI companies, warning that businesses fear sacrificing their intellectual property and competitive advantage in exchange for AI services. Alex Karp Says Enterprises Want Value — Not More ‘Tokens’ Karp delivered a blistering critique of leading AI companies during an appearance on CNBC’s Squawk Box, arguing that the industry has lost sight of what enterprise customers actually want. While joking that he would enjoy debating Anthropic CEO Dario Amodei privately and insisting he was “not throwing shade” at AI leaders, Karp said the broader AI ecosystem has “gone completely wrong.” “The basic view among enterprises in this country is ‘I’m going to chillax and waste my time wit...