Palantir CEO Alex Karp says frontier AI labs are overselling models while extracting enterprise IP. Here's what his CNBC interview signals for investors betting on the application and sovereignty layer.

“This is the voice of American business that is being channeled through me,” the billionaire cofounder remarked.

Karp says skyrocketing token costs are forcing companies to choose open weight models and prioritize efficiency over so-called tokenmaxxing