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After killer quarter, Palantir CEO Alex Karp calls AI industry ‘Marxist’

TechCrunch • Mon, 03 Aug 2026

After killer quarter, Palantir CEO Alex Karp calls AI industry ‘Marxist’

After a quarter that delivered $1 billion in profit, Palantir CEO Alex Karp on Monday once again warned that AI frontier labs are too untrustworthy for enterprises.

What happened?

After a quarter that delivered $1 billion in profit, Palantir CEO Alex Karp on Monday once again warned that AI frontier labs are too untrustworthy for enterprises.

Story details

After a quarter that delivered $1 billion in profit, Palantir CEO Alex Karp on Monday once again warned that AI frontier labs are too untrustworthy for enterprises.

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Original source

https://techcrunch.com/2026/08/03/after-killer-quarter-palantir-ceo-alex-karp-calls-ai-industry-marxist/