According to CNBC, Palantir CEO Alex Karp on Wednesday criticized the token model used by AI labs OpenAI and Anthropic, saying 'something has gone completely wrong' as AI costs surge. Karp told CNBC's Squawk Box that enterprises are shifting away from "tokenmaxxing" toward a return on investment mindset, with many adopting open weight models to perform similar tasks at lower cost.
Karp stated that companies want ownership of their AI tools, saying 'I want something I own. This is my business.' Earlier this week, Palantir announced an expanded partnership with Nvidia to build custom AI models for U.S. government agencies.