After killer quarter, Palantir CEO Alex Karp calls AI industry ‘Marxist’
General 📰 TechCrunch AI 📅 Aug 04, 2026 ⏱ 1 min read 👁 10 views

After killer quarter, Palantir CEO Alex Karp calls AI industry ‘Marxist’

📋 Executive Summary

After a quarter that delivered $1 billion in profit, Palantir CEO Alex Karp on Monday once again warned that AI frontier labs are too untrustworthy for enterprises.
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Crusoe raises $3.9B to build massive data centers and small modular “AI factories”

The round values the data center giant at $30.9 billion.

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