Palantir Reports Over 90% Revenue Growth in Q2, CEO Karp Criticizes AI Labs
Palantir announced a significant revenue increase of over 90% in its second quarter earnings, leading to an upgrade in its stock and bullish analyst sentiment on its AI business. CEO Alex Karp also renewed his criticism of frontier AI labs, accusing them of trying to 'colonize' enterprises and 'drug addict' users.
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Palantir earns an upgrade after its big second quarter, as analysts get bullish on its AI business
Analysts on Wall Street reaped praise on the AI software company's results, which were reported after the bell on Monday.
Read full article →Alex Karp rings the alarm for salespeople, saying Palantir's teams crushed earnings with a 'miniscule and shrinking' head count
Palantir CEO Alex Karp says the company operates with a "miniscule and shrinking" sales team. John Lamparski/Getty Images Palantir posted $1.1 billion in profit last quarter, its biggest ever quarter financially. Karp said the profits were achieved with a "miniscule and shrinking" sales team. The sales team may be shrinking, but Palantir added nearly 500 employees overall in 2025. Palantir CEO Alex Karp took a victory lap over the company's explosive growth, saying it managed to boost its c...
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