Palantir CEO Alex Karp is escalating his criticism of Silicon Valley's biggest artificial intelligence companies, accusing OpenAI and Anthropic of promoting a business model that encourages companies to spend heavily on AI tokens without delivering meaningful value.
Speaking during an appearance on CNBC's Squawk Box on Wednesday, Karp argued that enterprise customers are growing increasingly frustrated with token-based pricing, in which businesses are charged according to the amount of text processed by large language models rather than the outcomes those systems produce.
