Palantir CEO Says Enterprise Clients Reject Frontier AI Labs as OpenAI, Anthropic Pursue IPOs
Updated
Updated · CNBC · Jun 10
Palantir CEO Says Enterprise Clients Reject Frontier AI Labs as OpenAI, Anthropic Pursue IPOs
3 articles · Updated · CNBC · Jun 10
Summary
Alex Karp said Palantir’s enterprise customers are privately “unhappy” with frontier AI labs, arguing the discontent runs across nearly every company Palantir deals with.
Karp said clients believe those labs do not understand their businesses and are focused on “tokenmaxxing” — burning AI tokens to signal productivity rather than solving enterprise problems.
Anthropic was a direct target: Karp said “most of the things they talk about in public are running on Palantir,” underscoring his claim that Palantir provides the real operating layer.
The remarks landed as competition between OpenAI and Anthropic intensified this week, with OpenAI confidentially filing for an IPO a week after Anthropic did the same.