Palantir CEO Alex Karp says AI labs have 'Marxist undertones' and warns enterprises against sharing proprietary data.

Karp said Chinese models can't be blamed for distilling U.S. models when the frontier labs "distilled all the value of IP, everywhere."

After a quarter that delivered $1 billion in profit, Palantir CEO Alex Karp on Monday once again warned that AI frontier labs as too untrustworthy for enterprises.