Alex Karp, CEO of Palantir Technologies, speaks on a panel titled Power, Purpose, and the New American Century on the Hill and Valley Forum on the U.S. Capitol on April 30, 2025 in Washington, DC.
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Palantir CEO Alex Karp stated the artificial intelligence palms race between the U.S. and China will culminate in a single nation popping out on most sensible.
“My general bias on AI is it is dangerous,” Karp informed CNBC’s “Squawk at the Street” on Thursday. “There are positive and negative consequences, and either we win or China will win.”
Karp has been a vocal recommend for U.S AI dominance. He informed CNBC in January that the rustic must “run harder, run faster” in an “all-country effort” to broaden extra complicated AI fashions.
In a fresh letter to shareholders, he additionally touted Palantir’s dedication to equipping and adorning U.S. protection pursuits.
The billionaire tech CEO stated Thursday that the U.S. recently has a leg up within the AI race and Palantir is main the way in which in making corporations extra safe and environment friendly with its equipment.
“There is no economy in the world with this kind of corporate leadership which is willing to pivot, which understands technologies, which is willing to look at new things, but also has deep domain expertise,” he stated. “Our allies in the West, in Europe, are going to have to learn from us.”
Shares of the Denver-based knowledge analytics and AI tool company outperformed in 2024 and feature persisted their ascent in 2025 as traders wager on their tool and paintings with key govt contractors and companies.
The inventory is up 74% this yr, however traders must shell out on a better income a couple of than its tech friends.
“You don’t like the price, exit,” Karp stated on Thursday in reaction.
Karp additionally asserted that the corporate is “not surveilling Americans” based on fresh New York Times record that Palantir helps the Trump management acquire knowledge on Americans.
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