The boss of one of the largest US data analytics companies says Europe risks “ruining itself” as businesses and governments “stand aside” in the adoption race artificial intelligence technologies.
Alex Karp, chief executive of Palantir Technologies, said the United States was driving the “AI revolution that is reshaping industries and economies,” as the company reported revenue and profit quarterly records, driven by a boom in U.S. companies adopting generative AI technologies.
Palantir raised its revenue forecast for the third time this year, sending shares up $5.37, or 13 percent, to $46.78 in after-hours trading in New York on Monday.
In a letter to shareholders, Karp, 57, said: “As America moves forward again, our allies and
