Palantir CEO Alex Karp Warns Europe Risks Doom Without AI

Quick Summary:

His warning came as Palantir’s business growth accelerates, surpassing expectations due to the robust demand for advanced AI technologies from U.S.government and commercial customers.

Alex Karp, CEO of Palantir Technologies Inc. (NYSE:PLTR) has cautioned that Europe could face ruin if it does not adopt artificial intelligence (AI) innovation.

The company’s revenue in the last quarter reached a record $726 million, a 30% increase from the same period last year.

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Article Details

Author / Journalist: Ananya Gairola

Category: Technology

Markets: United States

Topics: Global Artificial intelligence Tech Benzinga Alex Karp Europe PLTR News Benzinga neuro Stories That Matter Consumer Tech

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-05 @ 10:15:53 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 433 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 23428933

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