{"id":648748,"date":"2026-05-05T06:02:10","date_gmt":"2026-05-05T06:02:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/648748\/"},"modified":"2026-05-05T06:02:10","modified_gmt":"2026-05-05T06:02:10","slug":"palantir-earnings-cto-says-ai-tokens-are-the-new-coal-in-tech-boom","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/648748\/","title":{"rendered":"Palantir Earnings: CTO Says AI Tokens Are the New Coal in Tech Boom"},"content":{"rendered":"

Palantir has become the latest company to tout its use of AI tokens<\/a>.<\/p>\n

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On its earnings call Monday, CTO Shyam Sankar said Palantir customers are burning through record numbers of tokens on the company’s AI platform, AIP, because their cost is falling so quickly.<\/p>\n

Tokens are the building blocks<\/a> of AI. Each one roughly makes up about \u00be of any word that’s processed by a chatbot, and AI companies often charge based on how many tokens are used.<\/p>\n

“Tokens are the new coal,” Sankar said, adding that “AIP is the train.”<\/p>\n

He pointed to Jevons paradox, the idea that gains in efficiency increase overall consumption.<\/p>\n

“When the Victorians built more efficient steam engines, everyone assumed coal consumption would fall. Instead, it skyrocketed,” Sankar said.<\/p>\n

Palantir, which builds bespoke software and AI systems for government and business clients, posted strong first-quarter results.<\/p>\n

Its US revenue doubled year over year to $1.28 billion, while total revenue jumped 85% to $1.6 billion.<\/p>\n

At the same time, Palantir is trying to strike a balance. Sankar repeatedly said that Palantir stands against AI slop by calling itself a “no slop zone.”<\/p>\n

Instead of blindly burning through tokens \u2014 or what developers call tokenmaxxing<\/a>\u00a0\u2014 Palantir says it focuses on ensuring its AI delivers real value, rather than spinning up dazzling demos that go nowhere.<\/p>\n

“More tokens means more slop,” Sankar said.<\/p>\n","protected":false},"excerpt":{"rendered":"Palantir has become the latest company to tout its use of AI tokens. Loading audio narration… On its…\n","protected":false},"author":2,"featured_media":648749,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[62,241186,42348,241181,48904,276,277,49,48,35580,3864,893,241183,241185,241184,32201,241182,241187,61,241188,2552],"class_list":["post-648748","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-ai-platform","tag-ai-system","tag-ai-token","tag-aip","tag-artificial-intelligence","tag-artificialintelligence","tag-ca","tag-canada","tag-client","tag-cto","tag-government","tag-late-company","tag-more-token","tag-new-coal","tag-palantir","tag-sankar","tag-tech-boom","tag-technology","tag-us-revenue","tag-year"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/648748","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=648748"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/648748\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/648749"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=648748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=648748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=648748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}