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Alex Karp

All articles tagged with #alex karp

business2 months ago

Michael Burry and Tech Giants Clash Over AI and Valuations

The article discusses a feud between investor Michael Burry and Palantir CEO Alex Karp over the valuation of AI companies, with Burry betting against Palantir, reflecting a broader debate about whether AI is overhyped or a revolutionary technology. This rivalry highlights the divide in the business world over AI's true worth and the sustainability of current valuations, contrasting with the ongoing Musk-Altman conflict over OpenAI's future.

via Business Insider|
#ai-bubble#ai-feud#alex-karp
finance2 months ago

Michael Burry and Palantir CEO Clash Over AI and Short Selling

Michael Burry, known for 'The Big Short,' responded to Palantir CEO Alex Karp's criticism by dismissing Karp's comments and reaffirming his bearish stance, which was based on a large put options position worth $912 million. Burry's recent actions and comments suggest he may have closed his short position against Palantir, despite publicly criticizing the company's valuation and business model. The dispute highlights ongoing tensions between short sellers and company executives amid Palantir's significant stock gains.

via Business Insider|
#13f-filing#alex-karp#finance
business2 months ago

Palantir CEO Highlights Company's Anti-Woke Stance and Meritocracy

Palantir CEO Alex Karp declared the company 'anti-woke' during an earnings call, highlighting its support for free speech, meritocracy, and controversial alliances such as working with ICE and Israel. The company reported a 63% increase in revenue to $1.2 billion, driven by significant growth in US commercial and government sectors. Karp emphasized a focus on supporting 'average Americans' and critiqued open border policies, while also expressing a desire for a shared national identity.

via Business Insider|
#alex-karp#anti-woke#border-policies
business4 months ago

Palantir CEO Highlights AI's Impact on Jobs and Talent Value

Palantir CEO Alex Karp dismisses fears that AI will eliminate skilled labor jobs, asserting that AI will instead enhance workers' roles and emphasizing the company's efforts to promote a positive narrative about AI's impact on employment through its 'Working Intelligence' campaign. He highlights the importance of correcting misconceptions to prevent societal polarization and plans significant investment in this initiative, amid Palantir's recent growth driven by its AI products.

via Fortune|
#ai#ai-optimism#alex-karp
business5 months ago

Palantir CEO Criticizes Elite Colleges, Promotes New Credential

Palantir CEO Alex Karp criticized elite colleges during an earnings call, emphasizing that the company values skills and experience over traditional educational backgrounds, and highlighted its efforts to recruit talent through initiatives like the Meritocracy Fellowship. He also noted that people without college degrees are creating significant value using Palantir's products, and claimed that working at Palantir is a strong career credential. The company reported over $1 billion in revenue this quarter.

via Business Insider|
#alex-karp#business#elite-colleges
business7 months ago

Palantir Stock Soars on Strong Contracts and Trump Momentum

Palantir's stock has surged nearly 76% in 2025, reaching an all-time high, driven by strong government contracts and AI software adoption, despite controversy surrounding its data practices and CEO Alex Karp's blunt remarks. Veteran trader Ed Ponsi recommends buying at current high levels, citing technical and fundamental strength, with the company's close ties to government and political figures playing a role in its growth.

via TheStreet|
#alex-karp#business#government-contracts
business1 year ago

Palantir's Stock Soars Amid Strong Growth and AI Momentum

Palantir CEO Alex Karp celebrated the company's strong third-quarter earnings, which surpassed Wall Street expectations, attributing the success to high AI demand in the US. Karp, known for his eccentric leadership style, dismissed critics and emphasized the company's role in the AI revolution, particularly in the US market. He noted that while the US is rapidly adopting AI, Europe risks falling behind. Palantir's stock rose over 13% in after-hours trading following the earnings announcement.

via Business Insider|
#ai-demand#alex-karp#business
business2 years ago

Palantir CEO criticizes corporate America's silence on Israel after October 7 attack

Palantir CEO Alex Karp criticized corporate America for its silence following the October 7 attack on Israel, accusing companies of failing to stand up against anti-American sentiments. Karp named only three companies, including Palantir, that publicly supported Israel. He called for business leaders to address this issue and emphasized the need for change. The Reagan National Defense Forum's National Defense Survey revealed that most Americans support increased military spending and providing security assistance to Israel, Ukraine, and Taiwan, while viewing China as the greatest threat. Confidence in the American military remains low.

via Fox Business|
#alex-karp#business#corporate-america