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Palantir Soars as AI Token Model Faces Fire | Durham News
Palantir just smashed records with 85% revenue growth, hitting $1.63 billion—driven by a soaring U.S. commercial business—and raised its full-year forecast by 10%. But CEO Alex Karp’s TV rant flipped the script: he’s calling out the token-based AI model as wasteful and risky, warning enterprises and governments against handing critical systems to AI labs. With new partnerships like the one with Nvidia focused on giving customers full control over data and models, Karp’s pushing for a new AI paradigm. Meanwhile, companies like Uber are cutting AI tool spending due to token costs—echoing Karp’s…
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