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- Palantir CEO Alex Karp said enterprises are “unhappy” with how the frontier labs are operating
- He told CNBC’s Sara Eisen that most of Anthropic’s public discussed projects are “running on Palantir.”
- Steep AI costs are raising alarm as businesses implement more agentic tech into workloads.
watch nowVIDEO05:21Palantir CEO Alex Karp says businesses are ‘unhappy’ with the frontier AI labsSquawk on the Street
Palantir CEO Alex Karp said the artificial intelligence software company’s enterprise customers are “unhappy” with how the frontier labs are operating.
“It’s not just the man and woman on the street that is unhappy with the frontier labs, it’s in private every single enterprise we deal with,” he told CNBC’s Sara Eisen on Wednesday.
Many customers, he said, believe these companies don’t understand their businesses and only care about tokenmaxxing, or burning through AI tokens to signal productivity.
Accelerating AI costs are raising alarm on Wall Street and efficiency concerns as businesses funnel more of the ever-evolving tech into workloads.
“It is not that large language models aren’t crucial for the world,” Karp said. “It’s just the implementation is where the value is, certainly in the next seven years.
His comments come as two of the leading large language model companies, Anthropic and OpenAI, take steps to go public. The Sam Altman-led ChatGPT maker said Monday it confidentially filed for an initial public offering, a week after Anthropic.
Karp also said that most of Anthropic’s public projects are “running on Palantir.”
In recent years, Karp has made headlines for his outspoken political views. He told Eisen on Wednesday that he is a “card-carrying progressive” and he wants poor people to have a better life.
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