{"id":631412,"date":"2026-06-10T15:57:09","date_gmt":"2026-06-10T15:57:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/631412\/"},"modified":"2026-06-10T15:57:09","modified_gmt":"2026-06-10T15:57:09","slug":"palantirs-karp-says-businesses-are-unhappy-with-the-frontier-ai-labs","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/631412\/","title":{"rendered":"Palantir&#8217;s Karp says businesses are &#8216;unhappy&#8217; with the frontier AI labs"},"content":{"rendered":"<p><img decoding=\"async\" class=\"InlineVideo-videoThumbnail\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2026\/06\/108319581-17811037491781103745-46461462399-1080pnbcnews.jpg\" alt=\"Palantir CEO Alex Karp says businesses are 'unhappy' with the frontier AI labs\"\/><\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/quotes\/PLTR\/\" rel=\"nofollow noopener\" target=\"_blank\">Palantir<\/a> CEO <a href=\"https:\/\/www.cnbc.com\/2026\/02\/02\/palantir-ceo-ice-government-protests-karp.html\" rel=\"nofollow noopener\" target=\"_blank\">Alex Karp<\/a> said the <a href=\"https:\/\/www.cnbc.com\/ai-artificial-intelligence\/\" rel=\"nofollow noopener\" target=\"_blank\">artificial intelligence<\/a> software company&#8217;s enterprise customers are &#8220;unhappy&#8221; with how the <a href=\"https:\/\/www.cnbc.com\/2026\/06\/08\/silicon-valleys-new-buyout-playbook-is-hitting-wall-street.html\" rel=\"nofollow noopener\" target=\"_blank\">frontier labs<\/a> are operating.<\/p>\n<p>&#8220;It&#8217;s not just the man and woman on the street that is unhappy with the frontier labs, it&#8217;s in private, every single enterprise we deal with,&#8221; he told CNBC&#8217;s <a href=\"https:\/\/www.cnbc.com\/squawk-on-the-street\/\" rel=\"nofollow noopener\" target=\"_blank\">Sara Eisen<\/a> on Wednesday. <\/p>\n<p>Many customers, he said, believe these companies don&#8217;t understand their businesses and only care about &#8220;<a href=\"https:\/\/www.cnbc.com\/video\/2026\/04\/09\/how-silicon-valleys-tokenmaxxing-is-juicing-ai-demand.html\" rel=\"nofollow noopener\" target=\"_blank\">tokenmaxxing<\/a>,&#8221; or burning through AI tokens to signal productivity. <\/p>\n<p>Accelerating costs are raising alarm on Wall Street and fueling efficiency concerns as businesses funnel more AI into workloads and model costs rise. <\/p>\n<p>&#8220;It is not that large language models aren&#8217;t crucial for the world,&#8221; Karp said. &#8220;It&#8217;s just the implementation is where the value is, certainly in the next seven years.&#8221;<\/p>\n<p>Karp&#8217;s comments come as two of the leading large language model companies, Anthropic and OpenAI, take steps to go public. The Sam Altman-led ChatGPT maker said Monday it <a href=\"https:\/\/www.cnbc.com\/2026\/06\/08\/openai-confidentially-files-for-ipo-prepping-wall-street-for-ai-debut.html\" rel=\"nofollow noopener\" target=\"_blank\">confidentially filed<\/a> for an initial public offering, a <a href=\"https:\/\/www.cnbc.com\/2026\/06\/01\/anthropic-ipo-s1-prospectus.html\" rel=\"nofollow noopener\" target=\"_blank\">week after Anthropic<\/a>.<\/p>\n<p>He told CNBC that most of Anthropic&#8217;s public projects are &#8220;running on Palantir.&#8221; While he often disagrees with CEO Dario Amodei, he said the cofounder is &#8220;a very, very important person&#8221; who has caught up from behind.<\/p>\n<p>In recent years, Karp has made headlines for his outspoken political views and recently aligned himself with <a href=\"https:\/\/www.cnbc.com\/donald-trump\/\" rel=\"nofollow noopener\" target=\"_blank\">President Donald Trump<\/a>&#8216;s administration, previously donating to campaigns of former Vice President Kamala Harris and President Joe Biden. <\/p>\n<p>Trump has also <a href=\"https:\/\/www.cnbc.com\/2026\/04\/10\/trump-pltr-palantir-stock-iran-war.html\" rel=\"nofollow noopener\" target=\"_blank\">praised Palantir<\/a> on Truth Social with the company&#8217;s ticker symbol and <a href=\"https:\/\/www.cnbc.com\/2026\/05\/15\/trump-palantir-stock-truth-social.html\" rel=\"nofollow noopener\" target=\"_blank\">invested in its stock<\/a>. The company donated to last year&#8217;s parade for the\u00a0<a href=\"https:\/\/www.whitehouse.gov\/articles\/2025\/06\/president-trump-celebrates-u-s-armys-250th-birthday-with-iconic-grand-parade\/\" target=\"_blank\" rel=\"nofollow noopener\">U.S. Army<\/a>&#8216;s 250th birthday.<\/p>\n<p>Other strong political views, <a href=\"https:\/\/www.cnbc.com\/2024\/03\/13\/palantir-ceo-says-outspoken-pro-israel-views-led-employees-to-leave-.html\" rel=\"nofollow noopener\" target=\"_blank\">including his support of Israel<\/a>, have led employees to leave Palantir, he told CNBC in 2024, months after Palestinian militant group Hamas killed about 1,200 people. <\/p>\n<p>Karp told Eisen on Wednesday that he is a &#8220;card-carrying progressive&#8221; and wants poor people to have a better life.<\/p>\n<p>Karp also expressed frustration over the politicization of AI, believing the tech will drive the most important political decisions in the U.S. <\/p>\n<p>&#8220;You can&#8217;t do a blue-red debate,&#8221; he said. &#8220;This is a massive revolution and there&#8217;s opportunities only America has, and there are dangers in this revolution.&#8221;<\/p>\n<p><a href=\"https:\/\/www.google.com\/preferences\/source?q=https:\/\/www.cnbc.com\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Palantir CEO Alex Karp said the artificial intelligence software company&#8217;s enterprise customers are &#8220;unhappy&#8221; with how the frontier&hellip;\n","protected":false},"author":2,"featured_media":631413,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[554,733,4308,3899,7796,273,4954,141,6800,12822,6324,229,10108,94802,4863,86,56,54,55],"class_list":["post-631412","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-breaking-news-politics","tag-breaking-news-technology","tag-business-news","tag-donald-j-trump","tag-donald-trump","tag-joe-biden","tag-kamala-harris","tag-palantir-technologies-inc","tag-politics","tag-sam-altman","tag-sara-eisen","tag-software","tag-technology","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/631412","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=631412"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/631412\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/631413"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=631412"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=631412"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=631412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}