AnalysisBusinessAugust 3, 2026

Palantir's Karp attacks frontier AI labs, calls them 'Marxist'

After a quarter delivering $1 billion profit, Karp called the AI industry 'Marxist' and renewed attacks on frontier labs, saying they are 'trying to drug addict us.' He argued Chinese models can't be blamed for distilling U.S. models when frontier labs 'distilled all the value of IP, everywhere.'

Featured · Alex Karp

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