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Palantir CEO Alex Karp claims AI companies are stealing customers' data while charging them for unproductive tokens — says 'livid' businesses 'are paying for tokens that create no value'

Latest from Tom's Hardware ·Bruno Ferreira·3 months ago
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(Image credit: Getty Images) Alex Karp, CEO of well-known AI data analytics company Palantir, delivered quite the bombshell of an interview to CNBC 's Squawk Box. Although the interview's topic was about the firm's partnership with Nvidia, apropos the recently launched Sovereign AI OS Architecture , Karp bluntly claimed that frontier AI companies like OpenAI and Anthropic siphon customers' valuable information while delivering questionable value. He continued by stating that American enterprises are quietly "livid," as "they are paying for tokens that create no value," and that the AI players "are stealing [their customers'] weights and alpha." The latter items refer to customers' business processes and interconnections between their data, along with the data itself. Palantir's shares jumped about 9% the day of the interview, while those of other AI companies experienced a dip.…

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