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Palantir CEO criticizes costly AI token models, promotes open weight models for better enterprise control.

Market News
01 Jul 2026
CNBC
View Source
Bullish
pluang ai news

Palantir CEO Alex Karp criticized the token-based pricing models used by AI labs like Anthropic and OpenAI, calling them inefficient and costly for enterprises. He highlighted a shift among businesses away from expensive token models toward open weight models that allow companies to own and control their AI data and tools. Karp also warned about the rapid progress of Chinese AI models, urging U.S. firms to invest in proprietary AI solutions. Palantir recently expanded its partnership with Nvidia to develop custom AI models for U.S. government agencies, reflecting this strategic pivot toward open and owned AI technologies.

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Nvidia's market cap hits $4.78T in H1 2026 despite recent share losses and new AI partnership.

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Nvidia's market capitalization rose to about $4.78 trillion in the first half of 2026, up 3.14% from the start of the year. It remains the world's largest company by market cap, surpassing Alphabet by $500 billion. However, Nvidia's shares have recen...

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1 day ago
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Analyst Insights
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Palantir stock rises on new Nvidia partnership after recent losses

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