Palantir CEO Alex Karp said OpenAI and Anthropic have fundamentally mispriced their AI services, telling CNBC’s “Squawk Box” that the token-based model leaves enterprise customers frustrated and empty-handed, with something having “gone completely wrong.” He argued businesses have grown resigned to burning through tokens, generating no value, and handing over their intellectual property in the process, calling the underlying models “completely, irresponsibly, oversold.” Karp pointed to open-weight models as an alternative giving enterprises sovereignty over their compute, data, and competitive edge, tying it to a deal this week bringing Nvidia’s open Nemotron models into U.S. government agencies through Palantir. His remarks land amid a broader tokenmaxxing pullback, with companies like Uber and Microsoft capping employee access to pricey AI coding tools after budgets blew out.
