Alex Karp, Co-founder and CEO of Palantir, speaking with CNBC in New York, on June 10th, 2026.
CNBC
Palantir CEO Alex Karp said the artificial intelligence software company’s enterprise customers are “unhappy” with how the frontier labs are operating.
“It’s not just the man and woman on the street that is unhappy with the frontier labs, it’s in private every single enterprise we deal with,” he told CNBC’s Sara Eisen on Wednesday.
Many customers, he said, believe these companies don’t understand their businesses and only care about tokenmaxxing, or burning through AI tokens to signal productivity.
Accelerating AI costs are raising alarm on Wall Street and efficiency concerns as businesses funnel more of the ever-evolving tech into workloads.
Karp’s comment comes as the rivalry between Anthropic and OpenAI reaches a peak this week. The Sam Altman-led ChatGPT maker said it confidentially filed for an initial public offering, a week after competitor Anthropic.
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