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💬Money Quote: Palantir’s Alex Karp on AI’s Political Fallout
The Wall Street Journal1d agobearish
💬Money Quote: Palantir’s Alex Karp on AI’s Political Fallout

📣 “You can’t have a revolution where I become 50 times wealthier and everyone else becomes 10% wealthier. It’s going to drive political insanity.” —Palantir CEO Alex Karp, sharing his belief with CNBC’s “Squawk on the Street” that the advent of artificial intelligence could lift most people economically and still ultimately create economic inequality.

Investing.com17d agobearish
Palantir stock tumbles as Google encroaches on defense AI market

Investing.com -- Palantir Technologies (NYSE:PLTR) shares plunged 7% on Wednesday. While the broader market context remains complex, the sharp sell-off appears directly tied to Google’s sudden entry into Palantir’s most lucrative territory: specialized government and defense AI. The decline accelerated shortly after Google DeepMind unveiled Gemini 3.8 Flash Cyber, a specialized artificial intelligence model built explicitly for cybersecurity, vulnerability detection, and automated patching. Cruc