Palantir (PLTR) CEO Alex Karp isn’t buying into the idea that Anthropic, OpenAI, or any other large language model company can simply move into Palantir’s world.
Though he sees the threat that Wall Street is worried about, he feels investors are asking the wrong question
That jab lands as Anthropic is moving closer to going public. The Claude maker filed for a U.S. IPO on June 1, and Reuters reported it had last raised $65 billion at a $965 billion post-money valuation, more than double its $380 billion valuation from February.
In a recent CNBC sit-down interview, Karp said that building a robust AI model is just one part of the puzzle. However, making that model useful within complex enterprises is very different. Karp pushed back hard on the idea that AI model companies like Anthropic can replicate what Palantir does as investors start to question the market’s most defining AI infrastructure names.