Palantir CEO believes US will win AI race against China, warns of consequences

From Yahoo Finance: 2025-06-07 06:47:00

Palantir Technologies CEO Alex Karp predicts the U.S. will win the AI arms race against China. Karp expressed AI dangers and potential consequences on CNBC. Stock dropped due to Republican criticism of Trump deal. Palantir stock rose 435% in 12 months. Trump admin expanded Palantir’s role in federal government. Palantir secured over $113M in contracts under Trump.

Read more: Palantir CEO Warns US-China AI Race Will Have One Winner, Urges West To Keep Up