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Alex Karp

Coverage of Alex Karp in the Nexus archive.

Earliest in view: Apr 20 · 18:43 UTCMost recent: Aug 4 · 17:04 UTC
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  • BUSINESSAug 4 · 17:04 UTCWPLG LOCAL 10 MIAMI
    US stocks leap toward a record as profits keep piling up and oil prices ease

    US stocks, including the S&P 500, Dow Jones, and Nasdaq, surged toward records as corporate profits soared and oil prices declined. Companies like Palantir Technologies, Caterpillar, and McDonald's reported stronger-than-expected earnings, driven by AI demand and strong sales, while falling oil prices reduced market uncertainty.

  • BUSINESSAug 4 · 15:25 UTCWPLG LOCAL 10 MIAMI
    US stocks leap toward a record as profits keep piling up and oil prices ease

    US stocks rose toward records as corporate profits surged and oil prices declined. The S&P 500, Dow Jones, and Nasdaq all gained significantly, driven by strong earnings from companies like Palantir Technologies and Caterpillar, while falling oil prices eased market pressures.

  • BUSINESSAug 4 · 14:44 UTCWPLG LOCAL 10 MIAMI
    US stocks head toward a record as profits keep piling up and oil prices ease

    US stocks are approaching record highs as companies report strong profits and oil prices decline. The S&P 500, Dow Jones, and Nasdaq all rose significantly, driven by surging earnings from firms like Palantir Technologies and Caterpillar, which cited AI-related demand and record sales. Oil prices dropped amid uncertainty over the Iran conflict, though analysts caution against overconfidence.

  • BUSINESSAug 4 · 11:22 UTCBUSINESS INSIDER
    Alex Karp rings the alarm for salespeople, saying Palantir's teams crushed earnings with a 'miniscule and shrinking' head count

    Palantir CEO Alex Karp highlighted the company's record $1.1 billion profit and $1.9 billion revenue for the quarter, achieved with a 'miniscule and shrinking' sales team. The company added nearly 500 employees in 2025 while emphasizing AI-driven efficiency to reduce reliance on traditional sales structures.

  • BUSINESSAug 4 · 10:27 UTCCNBC TOP
    Palantir jumps 16% on 'otherworldly' commercial revenue — here's what's driving the demand

    Palantir's stock rose 16% following strong commercial revenue, with CEO Alex Karp stating customers are avoiding dependency on 'language labs' after the company's Q2 earnings report.

  • BUSINESSAug 4 · 00:27 UTCBUSINESS INSIDER
    Palantir CEO Alex Karp says frontier AI labs think they 'deserve to colonize your enterprise’

    Palantir CEO Alex Karp attributes the company's 93% year-over-year revenue growth to enterprises seeking 'AI sovereignty,' criticizing frontier AI labs for absorbing corporate data and intellectual property without providing sufficient value in return. Karp argues that enterprises risk losing competitive advantages by outsourcing AI initiatives to these labs.

  • BUSINESSAug 4 · 00:04 UTCFORTUNE
    Palantir CEO Alex Karp celebrates 93% revenue growth as stock soars after blockbuster earnings: ‘For the first time people believe us’

    Palantir CEO Alex Karp highlighted a 93% year-over-year revenue surge to $1.94 billion and a 14% stock price jump in after-hours trading following strong Q2 earnings. The company attributed its success to larger AI deals and U.S. demand, with U.S. commercial revenue growing 149% and government revenue rising 90%. Karp stated this marks a turning point where investors now believe in the company’s approach.

  • TECHNOLOGYAug 3 · 23:19 UTCTECHCRUNCH
    After killer quarter, Palantir CEO Alex Karp calls AI industry ‘Marxist’

    Palantir CEO Alex Karp criticized the AI industry as 'Marxist' following a quarter that generated $1 billion in profit. He warned that AI frontier labs are too untrustworthy for enterprise use.

  • BUSINESSAug 3 · 20:57 UTCFORTUNE
    Palantir shares jump 13% as U.S. AI demand sends revenue soaring past targets

    Palantir reported second-quarter revenue of $1.94 billion, a 93% year-over-year increase, surpassing analyst expectations. The AI software company's stock rose 13% after hours due to strong U.S. commercial and government revenue growth, with net income of $1.1 billion exceeding forecasts. Palantir raised its 2026 revenue guidance to $8.15 billion–$8.158 billion, up from its initial forecast.

  • BUSINESSAug 3 · 20:07 UTCMARKETWATCH
    Palantir’s stock gains as AI drives turbocharged growth

    Palantir’s stock is rising due to AI-driven growth. Companies are seeking Palantir’s services for greater control over their AI models and data, as stated by CEO Alex Karp.

  • TECHNOLOGYJul 31 · 16:02 UTCBUSINESS INSIDER
    Palantir CEO says Dario Amodei is not the 'caricature' that Americans might believe him to be

    Palantir CEO Alex Karp criticized AI companies for being 'wildly unlikable' and creating a 'weird kind of slop' through token-based models, while defending Anthropic CEO Dario Amodei against public perceptions. Karp emphasized the need for 'forward-deployed engineers' over token-driven approaches and argued against transferring data to third-party AI firms like OpenAI or Anthropic.

  • BUSINESSJul 28 · 16:56 UTCCOURTHOUSE NEWS
    Workplaces look for cheaper AI as ‘tokenmaxxing’ fades as a corporate fad

    Workplaces are shifting away from the 'tokenmaxxing' trend of maximizing AI token usage due to rising costs and low productivity gains. Experts and tech executives, including Microsoft's Satya Nadella and Palantir's Alex Karp, criticize the practice for being wasteful and exposing proprietary data. Companies now prioritize cost-effective AI strategies over excessive token consumption.

  • BUSINESSJul 28 · 05:53 UTCAP NEWS
    A flex in corporate America, AI ‘tokenmaxxing’ fades as workplaces look to cut tech spending

    Corporate America's trend of 'tokenmaxxing'—excessive AI token usage—is declining as rising costs outpace productivity gains. Workplaces initially embraced AI tools like ChatGPT and Claude, but backlash emerged as companies recognized the financial burden and limited value. Executives like Microsoft's Satya Nadella and Palantir's Alex Karp now caution against the practice, highlighting data risks and wasted spending.

  • BUSINESSJul 28 · 04:02 UTCWTOP DC
    A flex in corporate America, AI ‘tokenmaxxing’ fades as workplaces look to cut tech spending

    Corporate overuse of AI 'tokenmaxxing' is declining as rising costs outpace productivity gains, prompting companies to re-evaluate AI spending. Experts and executives warn of excessive token usage, financial burdens, and data privacy risks, shifting focus toward more strategic AI implementation.

  • BUSINESSJul 27 · 19:55 UTCFORTUNE
    Palantir spent $17.2 million flying its CEO Alex Karp around in 2025. It’s part of a private-jet boom sweeping the C-suite

    Palantir spent $17.2 million in 2025 on private jet travel for its CEO, Alex Karp, reflecting a 19% increase in company-funded private jet spending among Fortune 500 CEOs between 2021 and 2024. Meta and Starbucks also incurred significant private jet expenses for their CEOs, citing security concerns and talent retention as key drivers of the trend.

  • BUSINESSJul 16 · 05:48 UTCBUSINESS INSIDER
    Jamie Dimon says businesses are already getting smarter about AI spending

    Jamie Dimon, CEO of JPMorgan, stated that businesses are becoming rational about AI spending, prioritizing cost-effectiveness and return on investment. He highlighted the importance of negotiating with AI vendors and protecting data, while criticizing excessive token usage as unnecessary waste. Other leaders, including Palantir's Alex Karp, have similarly warned against over-spending on AI tools.

  • TECHNOLOGYJul 13 · 17:54 UTCBUSINESS INSIDER
    Alex Karp says the biggest problem with AI is that not everyone will get that rich from it

    Palantir CEO Alex Karp warns that AI could create significant wealth disparities, with a small group amassing disproportionate gains while average people see limited benefits. He criticizes the overselling of AI and highlights concerns about public backlash against the technology.

  • BUSINESSJul 10 · 09:02 UTCBUSINESS INSIDER
    The sunglasses of Sun Valley: See the shades CEOs wore to the 'summer camp for billionaires'

    Tech and media leaders at the Sun Valley conference are showcasing custom, logo-free sunglasses as a key fashion trend. Attendees like Andy Jassy, Alex Karp, and Karlie Kloss are seen with designer shades from brands such as Rudy Project and Maison Margiela x Gentle Monster.

  • BUSINESSJul 9 · 17:07 UTCSEMAFOR
    The mistrust of AI labs bubbles over

    The article highlights growing mistrust between companies and AI labs like Anthropic, as businesses fear IP theft and direct competition. Executives express concerns that AI labs, through customer support and data access, could transition from partners to competitors in industries like law and design. Open-source models are cited as a cheaper alternative that reduces reliance on proprietary AI labs.

  • BUSINESSJul 7 · 18:42 UTCFORTUNE
    Palantir CEO Alex Karp is wrong about the threat Anthropic and OpenAI pose to most enterprises. That doesn’t mean he doesn’t have something to lose

    Palantir CEO Alex Karp criticized OpenAI and Anthropic for failing to deliver enterprise value and risking IP exposure, but the article argues his claims are self-serving and exaggerated. While some companies report limited ROI from frontier AI models, others see value in areas like software development and customer service. Palantir partnered with Nvidia to offer sovereign AI infrastructure for the U.S. government and critical industries.

  • BUSINESSJul 3 · 16:17 UTCBUSINESS INSIDER
    From secluded estates to a former monastery, take a look at Palantir CEO Alex Karp's lavish properties

    Palantir CEO Alex Karp has acquired multiple luxury properties, including two mansions in Miami's San Marino Island worth $75 million and a former monastery in Colorado's Snowmass for $120 million. His real estate portfolio, valued in the nine figures, reflects his $14.4 billion net worth.

  • POLITICSJul 3 · 15:37 UTCMIDDLE EAST EYE
    Andy Burnham to drop spy-tech firm Palantir from NHS, reports say

    Andy Burnham, expected to become UK prime minister, is set to remove Palantir from the NHS despite the company's £330m contract. Palantir faces criticism for its ties to the Israeli military and potential involvement in unlawful actions in Palestine. The firm also has defense contracts in the UK and is under investigation for its AI system's role in a deadly missile strike.

  • POLITICSJul 3 · 09:47 UTCMIDDLE EAST EYE
    Palantir: How a US spy-tech firm with links to Israel’s genocide infiltrated the British state

    Palantir, a US data surveillance firm linked to Israeli military actions in Gaza, has secured over £670m in UK government contracts since 2020, including deals with the NHS and Ministry of Defence. The firm faces ethical and security concerns due to its alleged role in supporting Israel’s targeting of civilians and its controversial corporate rhetoric.

  • BUSINESSJul 1 · 16:07 UTCBUSINESS INSIDER
    Alex Karp rips into AI labs: 'These models have been completely, irresponsibly, oversold'

    Palantir CEO Alex Karp criticized AI labs for overselling models and failing to deliver value to enterprises, citing concerns over data security and wasted spending. He highlighted growing dissatisfaction among businesses, who privately express frustration with token-based costs and loss of competitive advantage.

  • TECHNOLOGYJul 1 · 14:09 UTCBUSINESS INSIDER
    Read Palantir's 9-point manifesto that decries tokenmaxxing and trumpets 'AI sovereignty'

    Palantir released a 9-point manifesto on 'AI sovereignty' via X, urging institutions to retain data in-house and avoid 'tokenmaxxing'—excessive spending on AI. The post criticizes frontier AI labs for prioritizing token usage over robust solutions and emphasizes controlling AI weights to preserve institutional knowledge and decision-making power.

  • BUSINESSJun 25 · 12:16 UTCBUSINESS INSIDER
    Why 'Big Short' investor Michael Burry has a Lululemon shopping bag framed on his wall

    Michael Burry, known for his role in 'The Big Short,' has a Lululemon shopping bag with an 'Atlas Shrugged' quote framed in his office. He views the bag as a misstep for the brand, which he believes has caused customer alienation and stock declines. Despite this, Burry considers Lululemon stock undervalued and predicts a strong rebound.

  • TECHNOLOGYJun 25 · 11:00 UTCTHE ATLANTIC
    The Most Confusing Jacket in America

    Palantir, a tech company known for national-security AI tools, launched a controversial chore coat that blends practicality with polarizing design. The jacket, made in the U.S. with American-grown cotton, features a bold blue color, oversized fit, and a motivational message from the company's CTO sewn into the lining. Critics have mocked the product, linking it to Palantir's controversial role in military and immigration systems.

  • BUSINESSJun 11 · 20:54 UTCTHE REGISTER
    Everyone hates frontier AI labs, says Palantir boss

    Palantir CEO Alex Karp criticizes frontier AI labs like Anthropic and OpenAI, claiming enterprise customers are frustrated with their focus on token consumption and lack of practical value. He highlights Palantir's AI-agnostic Foundry systems as a solution for businesses struggling to derive ROI from AI projects, citing a Gartner report showing only 28% of AI use cases meet ROI expectations.

  • BUSINESSJun 11 · 08:00 UTCBUSINESS INSIDER
    Palantir CEO says AI companies 'don't understand how unlikeable they are'

    Palantir CEO Alex Karp criticized AI companies for being too future-focused and 'unlikeable,' accusing them of poor product performance and high costs. He specifically called out OpenAI's deployment model as a 'complete farce' and highlighted a lack of self-awareness among AI leaders.

  • TECHNOLOGYJun 10 · 15:14 UTCCNBC TOP
    Palantir's Karp says businesses are 'unhappy' with the frontier AI labs

    Palantir CEO Alex Karp states that businesses are unhappy with frontier AI labs and that AI will influence major U.S. political decisions without partisan divisions.

  • BUSINESSJun 6 · 08:55 UTCBUSINESS INSIDER
    Alex Karp compares tokenmaxxing to a porn addiction: People are just 'like sitting there all day'

    Palantir CEO Alex Karp criticized the practice of 'tokenmaxxing,' comparing it to a porn addiction and arguing that businesses are overusing AI without meaningful returns. He emphasized that cheaper AI alone cannot solve complex business problems without systems like Palantir's AIP platform, which grounds AI models in structured data.

  • SECURITYJun 4 · 12:30 UTCTHE REGISTER
    Palantir wins £9M contract to run UK firearms licensing: CIA-backed biz to hold gun, bomb, and poison records

    Palantir has won a £9 million UK government contract to replace the National Firearms Licensing Management System, managing records for firearms, explosives, and poisons. The contract, which could extend for up to ten years, involves 43 police forces in England and Wales and may include Police Scotland and PSNI. Palantir's selection has drawn criticism due to its CIA-backed origins and controversial contracts with the NHS and Ministry of Defence.

  • TECHNOLOGYJun 3 · 09:01 UTCTHE REGISTER
    UK lawmakers call on government to ditch Palantir NHS contract

    UK lawmakers urge the government to terminate Palantir's NHS contract, citing risks of vendor lock-in and over-reliance on a US-based tech firm in critical public sectors like healthcare and national security. The Science Innovation and Technology Committee recommended using a 2027 break clause to replace the £330 million Federated Data Platform contract with alternatives from UK-owned providers.

  • TECHNOLOGYMay 8 · 20:02 UTCTHE REGISTER
    Tech is now rolling out the old grievance grift

    Tech oligarchs are using the argument that people are being paid to hate them, revealing their intent to marginalize complaints and justify unpopular actions. Alex Karp and Kevin O’Leary have made similar claims, sparking controversy. The tactic is used to shift attention away from genuine concerns.

  • BUSINESSMay 5 · 00:14 UTCTHE REGISTER
    Palantir CEO: 10 percent of the world 'professionally hates us'

    Palantir's quarterly revenue reached $1.63 billion, up 85 percent year over year, with the US government increasing spending on the company's software by 84 percent. The company's CEO, Alex Karp, stated that Palantir prioritizes US national security over other variables. Palantir's work with the US Navy has seen significant improvements in project delivery times.

  • BUSINESSMay 4 · 11:45 UTCBLOOMBERG
    Palantir Looks to Prove It Doesn’t Belong in Software Selloff

    Palantir looks to prove it doesn't belong in software sell-off. Palantir is led by CEO Alex Karp. The company's efforts are underway.

  • TECHNOLOGYApr 21 · 21:06 UTCTHE VERGE
    We translated the Palantir manifesto for actual human beings

    Palantir CEO Alex Karp co-authored a book titled 'The Technological Republic,' and the company released a 22-point summary of the book described as an ominous corporate manifesto. The summary evokes reactionary themes and references to 'Lord of the Rings' palantiri, which are spying tools used by tyrants.

  • TECHNOLOGYApr 21 · 05:00 UTCTHE GUARDIAN TECH
    Palantir manifesto described as ‘ramblings of a supervillain’ amid UK contract fears

    Palantir's CEO, Alex Karp, published a controversial 22-point manifesto on X advocating for U.S. military dominance and AI weapons, while criticizing certain cultures as 'dysfunctional and regressive.' The post has drawn sharp criticism from UK MPs, who described it as 'a parody of a RoboCop film' and 'the ramblings of a supervillain.'

  • SECURITYApr 20 · 18:43 UTCDECRYPT
    Palantir Faces Backlash Over AI-Driven Military Doctrine

    Palantir faces backlash following a weekend post summarizing ideas from CEO Alex Karp’s 2025 book, which reignited debate over Silicon Valley’s role in warfare and national defense.