With defense tech booming and Palantir stock up 323% over the past year, CEO Alex Karp has finally been vindicated

Quick Summary:

Palantir's strategy of building software for defense and intelligence agencies has taken off, and Silicon Valley is following Karp's lead.

But first, the company shows a sizzle reel of sorts, highlighting past clips of talking heads on CNBC and other news outlets calling the software maker “overhyped” and referring to it as a “weak company.“Everyone thought we were gonna fail,” Karp himself says in one of the segments.

What’s at stake, they argue, is nothing short of our survival.“Our entire defense establishment and military procurement complex were built to supply soldiers for a type of war—on grand battlefields and with clashes of masses of humans—that may never again be fought,” Karp and Zamiska write.“This next era of conflict will be won or lost with software.” (Conveniently enough, that’s exactly what Palantir makes.

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Article Details

Author / Journalist: Michal Lev-Ram

Category: EconomyBusiness

Markets: United States

Topics: Software A.I. Defense Contractors Pentagon Palantir Palantir Technologies Defense

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-15 @ 09:30:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 2577 words

Reading Time: 15 minutes read

Sentences: 4 lines

Sentence Length: 645 words per sentence (average)

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

Copyright Owner: © Fortune

News ID: 27914005

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