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

Palantir's CEO Alex Karp has labeled the AI industry as Marxist, raising concerns about the trustworthiness of AI labs for enterprises. This statement comes after Palantir reported a record revenue of $1.9 billion this quarter, highlighting...

TechCrunch· Aug 4, 2026 · 11:15 AM · 2 views

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Palantir's CEO Alex Karp has labeled the AI industry as Marxist, raising concerns about the trustworthiness of AI labs for enterprises. This statement comes after Palantir reported a record revenue of $1.9 billion this quarter, highlighting the growing tensions around AI's impact on business.

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