Palantir CEO talks AI platform, large language models, and software-driven weapon systems

Palantir Technologies (PLTR) hosted its AIPCon on Thursday, an invitation-only customer conference that has become an important way for the data analytics firm to showcase its AI software. The company has been a huge beneficiary of AI, with the stock up nearly 40% so far in 2024.

In an exclusive interview with Yahoo Finance's Josh Lipton, Palantir CEO Alex Karp explains how the company's AI work is providing value for both customers and investors. "The large language model is much more like a chemistry experiment. The outgrowth of which is something that is useful when refined. And the refinement of that for your enterprise happens in what we call our ontology, which is where we impose the logic of your business on the large language model in the security and intellectual logic of your business. And this is transformative. And what it means for investors and others is there is value in this market."

On the 2024 election, Karp says that, in the past, it hasn't made much of an impact on Palantir who controls the White House. But what has changed is how the US Department of Defense is spending its money. "The DOD wants to move quicker," Karp says, in a bid to stay ahead of adversaries.

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[Aarrenrhonda]

I keep telling both friends and family; Now is the perfect time to own a Tech Stock, With everything going on and seeing how the world is been run by AI and all Tech is here to stay and you don’t want to miss it

[GabrielClark-zw]

00:02 AI platform AIP helps businesses leverage large language models more effectively.
02:09 Palantir's AI platform is transforming businesses and creating quantifiable value.
04:11 Commercial demand for AI platform is high
06:02 Large language models are like a chemistry experiment with transformative potential.
07:49 AI platforms as software-driven weapon systems
09:59 Importance of software-driven weapon systems in modern warfare
12:00 Concerns about adversaries deploying AI for nefarious purposes
13:58 Palantir CEO discusses the impact of world conflicts on defense spending
15:54 Palantir's role in enhancing national defense through AI platform
Crafted by Merlin AI.

[jordanflaherty]

Two parts of the market make value to the customers that pay. Y’all just saw the chip side now you “are going to ” understand ontology …. That quote was GOLD! This will go to the moon boys always grow your position!

[ahmedaboulgheit]

Retail investors been and will stand in support of Palantir! Keep it up 👍🏼

[GeneralCodyHD]

Well said, Dr. Karp! You can see just how enthusiastic he is about his product.

[tripspointcom]

Alex, you're absolutely right and logical! Big THANK YOU and full support from Ukraine! Holding Palantir because believing you.

[DDD-umco]

Well Said👏👏👏 I LOVED This Interview ❣️

I Must Get MORE PLTR 👍👍👍‼️‼️‼️

[maksimsamoylov]

Thank you for doing everything you can to help us become financially educated.

[micheal_mills]

I now have about $120k invested in tech and Palantir stocks. Could you suggest any other stocks I should acquire to diversify my holdings across other markets and create a well-rounded portfolio allocation that aligns with my risk aversion concerns?

[SirGenesis]

He’s the right level of mad scientist. In since IPO and not going anywhere.

[askad]

14:44 I'm strong hold to Palantir and will buy more if it dips.

[gerrycaragayan]

Impressive CEO enunciating PLTR as true AI software.

[prhladsingh]

Just saw your videos and bought AMS25K up 24% today talk about ❤️

[tommasoscalese]

He's one of the greatest CEOs ever

[GerdaFischer-oh]

Very well said! I clearly understand every details you taught us and it was very simple. Thank you! You got another sub for this.🐒

[brianwhitehawker]

I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.

[ArlineWeaver-lsmz]

This strategy is FIRE! I’m consistently winning my trades with this one!! Thank you

[joepzenz]

He sounds like Tony Stark. “Peace means having a bigger stick than the other guy”

[dimitrielijah]

@0:28 When Alex goes full perched Polar Bear Hero pose you know it's about to get real lo!!!

[lukapahomov]

Thank you very much. I used it. I won two trades, salute!!