Palantir CEO Karp says AI is dangerous and 'either we win or China will win'
Palantir CEO Alex Karp said the artificial intelligence arms race between the U.S. and China will culminate in one country coming out on top.
"My general bias on AI is it is dangerous," Karp told CNBC's "Squawk on the Street" on Thursday. "There are positive and negative consequences, and either we win or China will win."
Karp has been a vocal advocate for U.S AI dominance. He told CNBC in January that the country needs to "run harder, run faster" in an "all-country effort" to develop more advanced AI models.
In a recent letter to shareholders, he also touted Palantir's commitment to equipping and enhancing U.S. defense interests.
The billionaire tech CEO said Thursday that the U.S. currently has a leg up in the AI race and Palantir is leading the way in making companies more secure and efficient with its tools.
"There is no economy in the world with this kind of corporate leadership which is willing to pivot, which understands technologies, which is willing to look at new things, but also has deep domain expertise," he said. "Our allies in the West, in Europe, are going to have to learn from us."
Shares of the Denver-based data analytics and AI software firm outperformed in 2024 and have continued their ascent in 2025 as investors bet on their software and work with key government contractors and agencies.
The stock is up 74% this year, but investors have to shell out on a higher earnings multiple than its tech peers.
"You don't like the price, exit," Karp said on Thursday in response.
Karp also asserted that the company is "not surveilling Americans" in response to recent New York Times report that Palantir is helping the Trump administration gather data on Americans.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
In major reversal, Kotek seeks return of fugitive suspected of targeting Asian Oregonians
Gov. Tina Kotek delivers her State of the State address on Monday, Jan. 13, 2025. She recently ordered the extradition of a suspected member of a multi-state burglary ring from Texas to Oregon. (Laura Tesler/Oregon Capital Chronicle/pool) Gov. Tina Kotek on Friday said she has ordered the extradition of a suspected member of a multi-state burglary ring from Texas to Oregon who allegedly targeted Asian households throughout the Eugene area, averting some of the blowback she faced for rejecting the extradition earlier this week. The reversal marks the second time in the past two weeks that Kotek has changed course in an extradition decision in the wake of public pressure. The governor made a more explicit reversal in May regarding the transfer of a woman accused of embezzling from Eugene Weekly, a move the locally-beloved newspaper has called 'an about-face.' This time, the decision to extradite came 'after further communication with the Lane County DA's office and review of the information provided,' Roxy Mayer, a Kotek press secretary, said in an email. The governor is 'still not moving forward' with the extradition of another member of the burglary ring who fled Oregon and who is being held in Texas with an Immigrations and Customs Enforcement hold. 'We were notified two days ago that the Governor's Office has changed their position on funding in [a] case where our Asian residents were targeted,' Lane County District Attorney Christopher Parosa said in a statement. 'I am grateful for that. It will go a long way to allowing us to make that community feel welcomed and protected in Lane County.' Parosa told The Register-Guard on Tuesday that Kotek's denial was out of the ordinary and 'seems to be an attempt by the governor's office to put that financial obligation on the local communities, who, of course, have never had that responsibility in the past.' He declined to elaborate on the state's extradition efforts to the Capital Chronicle but shared a statement in an email. 'It is my hope that further dialogue regarding extradition funding requests will occur between the Governor's Office and the Lane County District Attorney in the near future,' he said. Jennifer Jonak, a board member at the Eugene-based Asian American Council of Oregon, said in a statement that the group is 'grateful that the Governor's office has heard and taken into account the impact on our Asian American community.' Jonak said the council is still reviewing further details regarding the suspect still on ICE hold in Texas. 'We deeply appreciate the hard work of local law enforcement agencies and the Lane County DA's office who have worked so hard to obtain justice for the victims of these race-targeted offenses,' she said. The Oregon governor has the discretion to make decisions on extraditions in light of the sometimes high costs, a factor Kotek's office has highlighted when explaining its recent rejections of extradition requests. Costs of retrieving alleged criminals from other states have significantly increased since 2020, according to data shared by Kotek's office. The average cost of extraditions from 'non-shuttle states' – those are states that don't participate in cost-sharing and inter-state coordination with fugitive return – has risen about 30% since the 2019-2021 biennium. Police in Eugene described the burglaries as part of a 'multi-state crime ring targeting wealthy individuals of Asian descent, to include business owners, doctors, and others,' according to one February news release, including states such as Washington and Idaho. The suspects surveilled and targeted homeowners who they believed were likely to store valuables at home, police say. Authorities estimated similar crimes continued throughout summer and fall of 2024. While some suspects have been arrested and charged, many warrants remain standing nationwide as several alleged perpetrators are believed to have fled the country. Officials have not named or released a country of origin for the suspect. SUBSCRIBE: GET THE MORNING HEADLINES DELIVERED TO YOUR INBOX
Yahoo
an hour ago
- Yahoo
Some Zeeland neighbors want to block Mead Johnson expansion
ZEELAND, Mich. (WOOD) — While some property owners have gotten more than $1 million from Mead Johnson for land that the company needs to expand on East Main Street, Margie and Earl Klein aren't selling. Some neighbors say they hope the holdouts will help block the expansion, which they fear will destroy their neighborhood. The Kleins have lived since 1973 in their home about 150 yards west of the baby formula plant — at the heart of the company's controversial expansion plans. They raised two kids there. Her parents lived there in the 1920s. 'We still walk on the hardwood floors that my parents did,' Margie Klein said on Friday. In January, she answered a knock on her door. It was a stranger from Mead Johnson. 'He sat down on our couch and said, 'We want your property.' 'Really?' 'And all of this on both sides of you, and we want everything on Washington Avenue, also,'' she recalled. Mead Johnson, now owned by a United Kingdom-based company, says it needs to modernize. Its $836 million plan calls for an expansion that would mean leveling several homes on the north side of East Main Street, including the Kleins'. The company, which makes Enfamil, released renderings at a meeting this week. The plan requires the city to rezone some of the land from residential to industrial. A hearing is scheduled before the city's Planning Commission Thursday. The company is the third-biggest taxpayer in Zeeland and employs 500 people. 'Mead Johnson Nutrition takes pride in our deep roots in the Zeeland community where we have been producing some of the nation's most trusted baby formula products for more than 100 years,' the company said in a statement released on Friday. 'This investment in modernizing our operations in Zeeland reflects our commitment to sustained job creation and economic growth here in our local community, while also ensuring we maintain industry-leading quality standards and remain a trusted partner in pediatric nutrition.' 'Mead Johnson is important to the community, we want to keep them here,' City Manager Timothy Klunder said. 'We certainly don't want to see a desire where they would have to leave, but we also want then to do it in the right way.' Neighbors have planted signs and launched a website in opposition. Already, the company has bought out most of the Kleins' closest neighbors: One said he sold his home for $600,000 and must be out by July 31. Property records show the company paid $1.5 million for a house and barn a few doors away with an assessed value of less than $300,000. Two properties around the corner went for a combined $3.7 million — about 10 times their assessed value. The Kleins won't say exactly how much Mead Johnson has offered. It's somewhere between $500,000 and $1 million. 'We love our place, but we don't want to sell to Mead Johnson because they are pushy and demanding,' Klein said. Asked if she was holding out for more money, she responded: 'Oh heavens, no.' 'This has nothing to do with the money,' she continued. 'It's the whole principle of the thing. We have lived here for decades. We are so involved in the city of Zeeland, chamber of commerce back in the day. We love this town.' Jonathan Funckes lives on the south side of East Main Street. His home would face the expanded factory. 'I'll be looking at Industrial 2 (zoning),' he said. 'When we bought this, this was all residential.' When Funckes moved in 16 years ago, he said, the neighborhood was mostly rentals, some marred by graffiti. 'We've all in the last dozen years really improved it and brought the neighborhood up and are doing things to improve and make it look better, only to have the city just destroy our property values,' he said. Some neighbors said they fear city leaders have already decided. 'Why would you purchase these (properties) way above tax-assessed values if you didn't have some sort of promise?' Sue VandenBeldt, who lives a few doors away. 'My concern is that the city has sold our neighborhood out. I think my big concern is that we've lost trust in our officials we elected.' As for Jonathan Funckes, 'We're going to be fighting it, but at this point I'm preparing to sell, because I've had enough.' Perhaps, he said, the best hope is the Kleins not selling. 'That's the only saving grace at this point,' he said. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
an hour ago
- Yahoo
US agents arrest two migrants at NY courthouse
US agents pounced on two immigrants in the hallway of a New York courthouse Friday, wrestling them to the ground in a forceful display of President Donald Trump's crackdown on people without papers. The two men had just attended a scheduled hearing when plainclothes Immigration and Customs Enforcement officers, some wearing black face masks, grabbed them. The officers yelled for the men not to move or put up resistance and forced them to lay face-down on the ground as they tied their hands behind their backs and arrested them. The immigrants were then whisked away into an elevator on the 12th floor of the Jacob K Javits Federal Building in Manhattan. The routine appointment they hoped would be a step toward life in America ended in shock and detention. AFP was on hand to witness these events because there was a similar arrest at the same courthouse earlier in the week and the agency suspected more might be imminent. It was not immediately clear exactly why these two men were arrested nor the fate that awaits them. Trump was elected to a second term largely on a promise to crack down hard on the entry and presence of undocumented migrants and Americans largely support the idea. But polls show they also find tactics like surprise courthouse arrests by agents with black masks to be harsh. In recent weeks ICE agents have intensified operations like this in and around American immigration courts. After Trump swept back into power in January, the Department of Homeland Security revoked regulations that limited agents' access to protected areas like the courts. One of the men arrested was a 34-year-old Dominican named Joaquin Rosario who arrived in the United States a year ago, registered with authorities as he came in, and had his first immigration hearing Friday, said a relative of his, Julian Rosario, who declined to say how they were related. "He was at ease. He did not think anything was going to happen," said the relative, who was still visibly upset by what he had witnessed as agents threw the other man to the ground. Rosario was so unworried he did not even bother to have a lawyer with him, the relative said. The other detainee looked to be Asian. He arrived on his own and was accompanied by one of many immigration advocacy group volunteers who walk with such immigrants to and from the courtroom. The idea is to make them feel safe. This time the volunteers screamed out as the agents arrested the two men but this did nothing to halt the raid. Before this arrest other immigrants with appointments, including entire families, came and went with no problem. A pair of Venezuelans who refused to give their names were jubilant because their next appointment is not until 2027 -- that's how backlogged the US immigration court system is. - 'Sound the alarm' - Human rights groups are outraged by these operations, arguing that they sap trust in the courts and make immigrants wary of showing up for appointments as they try to gain US residency. "They're illegal abductions," said Karen Ortiz, herself a court employee who was demonstrating Friday against these sudden arrests of migrants. "We need to sound the alarm and show the public how serious this is and one way we can do that is actually physically putting ourselves between a masked ICE agent and someone they're trying to detain and send away," Ortiz told AFP. Since returning to power Trump has dramatically tested the limits of executive power as he cracked down on foreigners without papers, arguing that the United States is being invaded by criminals and other undesirables. af/dg/dw/sla
