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Palantir Technologies CEO Alex Karp told CNBC today that enterprises that go to the big AI labs first often arrive at Palantir frustrated, revealing the company has even debated paying clients to try its rivals before signing up.<\/p>\n
\u201cShould we pay people to go to large language model companies before they come to us?\u201d Karp said<\/a>, describing an internal debate.<\/p>\n \u201cBecause people come out of there screaming saying, \u2018This could never work for me. They don\u2019t understand the enterprise. They want to token max.’\u201d<\/p>\n Karp Dismisses The Wall Street Bear Case <\/p>\n CNBC pressed Karp on whether OpenAI and Anthropic, both racing toward public listings, could replicate Palantir\u2019s business. Karp said \u201cno one in enterprise factually is worried\u201d and called the idea of copying Palantir with a simple integration \u201ca complete farce.\u201d<\/p>\n Don’t Miss:<\/p>\n His core argument is a technical one. Large language models are probabilistic and only need to be \u201cbetter than really 51%,\u201d Karp said, which works for investing but not for mission-critical operations.<\/p>\n \u201cIf you want to manufacture a car and you need a part, or you want to send a rocket to the moon, or you want to put a missile on your adversary\u2019s head and bring home Americans safely, that stuff doesn\u2019t ship,\u201d he said.<\/p>\n Karp also took aim at Silicon Valley\u2019s culture, describing the San Francisco AI worldview as \u201clargely religious\u201d and saying rival engineers \u201cdon\u2019t understand how unlikeable they are\u201d to enterprise clients.<\/p>\n The SpaceX Factor <\/p>\n While Karp didn\u2019t mince words about his Silicon Valley AI competitors, he was noticeably warmer toward another tech titan going public this week: Elon Musk.<\/p>\n See Also: Avoid the #1 Investing Mistake: How Your \u2018Safe’ Holdings Could Be Costing You Big Time<\/a><\/p>\n Asked about SpaceX\u2019s upcoming IPO and Palantir\u2019s overlapping work in space defense, Karp offered a rare olive branch.<\/p>\n \u201cI root for every entrepreneur. I’m rooting for Elon,\u201d Karp said, noting the two companies partner in certain areas. \u201cBullish on Elon in space? Yes. Bullish on space? No idea\u201d<\/p>\n Prediction Markets See The Showdown Coming <\/p>\n Traders on Polymarket assign a roughly 90% chance Anthropic completes an IPO by Dec. 31, following its reported confidential S-1 filing on June 1, and gives 83% odds it lists before OpenAI, which reportedly filed its own paperwork this week.<\/p>\n Karp\u2019s macro warning may loom over both debuts. \u201cThe nationalization is coming,\u201d he said, arguing AI\u2019s gains will \u201cdisproportionately go to people who are already wealthy.\u201d<\/p>\n PLTR shares are trading around $131 today, down roughly 21% year-to-date.<\/p>\n Image: Shutterstock<\/p>\n Read Next:\u00a0<\/p>\n Building Wealth Across More Than Just the Market <\/p>\n Building a resilient portfolio means thinking beyond a single asset or market trend. Economic cycles shift, sectors rise and fall, and no one investment performs well in every environment. That’s why many investors look to diversify with platforms that provide access to real estate, fixed-income opportunities, precious metals, and even self-directed retirement accounts. By spreading exposure across multiple asset classes, it becomes easier to manage risk, capture steady returns, and create long-term wealth that isn’t tied to the fortunes of just one company or industry.<\/p>\n Arrived <\/p>\n Backed by Jeff Bezos, Arrived Homes makes real estate investing accessible with a low barrier to entry. Investors can buy fractional shares of single-family rentals and vacation homes starting with as little as $100<\/a>. This allows everyday investors to diversify into real estate, collect rental income, and build long-term wealth without needing to manage properties directly.<\/p>\n Immersed <\/p>\n Immersed is building technology for the future of work through spatial computing<\/a>. Known for its AR\/VR productivity platform that enables users to work across multiple virtual screens, the company has grown to more than 1.5 million users worldwide. Immersed is also developing Visor, a lightweight headset designed specifically for professional productivity, positioning the company at the intersection of remote work, extended reality (XR), and next-generation computing.<\/p>\n Vinovest <\/p>\n Fine wine and rare whiskey have historically moved independently of the stock market, making them a compelling alternative asset. Vinovest manages authenticated, insured portfolios of investment-grade wine and whiskey starting at $5,000<\/a> \u2014 sourcing, storage, and insurance all handled for you.<\/p>\n EnergyX <\/p>\n EnergyX is a clean energy technology company focused on direct lithium extraction and refinery technologies for the lithium-ion battery supply chain.<\/a> Its proprietary DLE systems are designed to recover lithium from brine resources more efficiently and with less environmental impact, supporting efforts to expand lithium supply for electric vehicles, grid-scale storage, and other battery applications.<\/p>\n FarmTogether <\/p>\n Farmland has historically held its value through market volatility and delivered returns uncorrelated to stocks and bonds. For accredited investors, FarmTogether offers direct access to high-quality U.S. farmland starting at $15,000<\/a> \u2014 fully managed, with no landlord headaches.<\/p>\n EquityMultiple <\/p>\n For accredited investors looking beyond stocks and bonds, EquityMultiple provides access to vetted commercial real estate deals starting at $5,000,<\/a> with only ~5% of opportunities passing their due diligence process.<\/p>\n Fundrise <\/p>\n Private real estate and private credit can add income and stability to a stock-heavy portfolio. Fundrise offers access to diversified private real estate<\/a> and credit strategies through an easy-to-use platform, with professionally managed portfolios designed to generate passive income and long-term growth.<\/p>\n American Hartford Gold <\/p>\n