Alex Karp Bashes OpenAI, Anthropic Token Model — 'Something Has Gone Completely Wrong'

Palantir (NYSE: PLTR ) CEO Alex Karp on Wednesday slammed the token-based pricing model used by OpenAI and Anthropic, as rising costs push enterprises toward lower-cost, open-weight models. “Something has gone completely wrong,” Karp told CNBC’s “Squawk Box,” adding, “I’m not throwing shade at them.” After the anchor said his comments “sound like shade,” Karp responded, “No, no, no. This is reporting.” The billionaire businessman said the prevailing enterprise mindset has become, “I’m going to chillax and waste my time with tokens,” warning, “I’m going to get no value and they’re going to get my IP.” Enterprises Pivot From Tokenmaxxing to ROI Amid the shift, enterprises are moving away from tokenmaxxing and toward return on investment, increasingly adopting lower-cost open...