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AI8/4/2026

After a strong quarter, Palantir CEO Karp calls AI industry "Marxist"

Palantir posted $1.9B revenue (+93% YoY) and $1.1B profit this quarter, and CEO Alex Karp used the earnings letter to attack frontier AI labs, accusing them of trying to seize partners' "means of production" — his pitch for model-agnostic AI where enterprises keep their own data and prompts/context.

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