Palantir CEO Alex Karp on Monday once again warned that AI frontier labs are too untrustworthy for enterprises.
The CEO, who famously studied philosophy and earned a PhD in social theory, implied in Palantir’s quarterly shareholder letter that these were the kinds of capitalists who gave rise to Marxist socialism.
“There are Marxist overtones and undertones to our business,” he wrote in a letter to shareholders about Palantir’s outstanding quarter. “Others, including many of those building large language models, intend, knowingly or otherwise, to capture the means of production of their purported partners.”
To be clear, AI labs have hardly cornered Palantir out of the market. Quite the opposite. The skyrocketing use of AI helped Palantir achieve record-breaking results. For its second quarter, the company reported $1.9 billion in revenue, up 93% over the year-ago quarter, and $1.1 billion in profit, “more profit in a single quarter than we did in total revenue in the same period the year before,” he wrote.
During the quarterly conference call with Wall Street analysts, he explained his analogy further, relying heavily on a sort of “tech bro patriot” jargon common among defense tech companies. (Palantir’s senior leadership is entirely male.)
He asked on the call if companies are going “to buy into a future” where your job helps your “adversaries win, and everybody who does win is a small, tiny group of people living in a tiny place that somehow believe because they eat vegetables and they don’t support war fighters that they deserve to have the total means of production of this country? And the rest of us should just sit back and absorb the cost of that revolution, which we’re paying for.”
Palantir, in contrast, serves model-agnostic AI and analysis software to governments and enterprises, and allows organizations to control their data as well as their AI “exhaust,” aka, their prompts, orchestration, and context.
“How are we paying for it? In the enterprise context, people sign up for token self-pleasurings… at real cost like other forms of self pleasure,” he said. “You are paying for the right for them to migrate your IP, your know-how, your expertise to their model, so that they can build a competitive business that doesn’t require your business or people. And why are they doing it? It’s actually being done for what they believe are moral reasons. They are superior to you. They deserve to colonize your enterprise.”
Jarring language aside, he is making an underlying point that is increasingly being repeated elsewhere, including from the likes of Microsoft CEO Satya Nadella.
This theory points to the significant list of companies that partnered or paid for Anthropic and OpenAI while the AI labs launched similar businesses ranging from design tools to healthcare operations, legal, even drug discovery.
The truth is, none of these companies are economic villains or heroes — anymore than other for-profit companies are. AI is growing so quickly, the market changing so rapidly, there is clearly room for all, Palantir’s results show.
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From Producing Nigerian Internationals to Building Their Own Stadium: Buruj Sports Academy Takes Bold Step as Ikorodu Football Dream Attracts Investors
Buruj Sports Academy is turning years of grassroots football success into an ambitious infrastructure project, unveiling a proposed stadium development in Ikorodu, Lagos State, aimed at transforming opportunities for young Nigerian footballers.
The academy, founded by Dr. Waheed Salaudeen, has presented a new development layout featuring a standard 105m × 68m football pitch, spectator stand, changing rooms, administrative and first-aid facilities, toilets, parking spaces and perimeter security.
The project represents a significant step toward establishing a permanent home for the academy’s growing football development programme.
Buruj’s ambitions are backed by its record of nurturing promising talents, including former Nigeria Under-15 internationals Raheem Moyinoluwa Salaudeen and Fawas Ayomide Adeleke, who represented Nigeria in youth competitions in Morocco and Algeria.
The academy has also facilitated opportunities for players in Spain and Lithuania, while six Buruj youngsters recently earned selection for an international football exposure programme following the Italian Consulate General U-20 Tournament.
Unlike its earlier three-acre, 5,000-seat stadium concept, the latest architectural proposal adopts a more practical, phased approach, beginning with an approximately 80–100-seat stand and essential football facilities. Punch Newspapers +1
Dr. Salaudeen, who serves as founder and Chief Executive Officer, has consistently championed football development alongside education.
“This dream is bigger than Buruj Sports Academy alone. We are appealing to private individuals, corporate organizations, investors, and well-meaning Nigerians to support this vision.”
His appeal reflects a determination to build a sustainable sporting institution capable of serving generations of young Nigerians. Sports247 Nigeria +1
For potential investors, the project offers opportunities in stadium naming rights, facility sponsorship, youth development partnerships, football tournaments and community sports programmes.
With a survey document and proposed layout now presented, Buruj is inviting partners to help turn its vision into reality, subject to necessary technical assessments and development approvals.
From discovering football stars to building the infrastructure that produces them, Buruj Sports Academy is no longer simply dreaming of the future — it is preparing to build it.
The African Democratic Congress (ADC) has postponed the flag-off of its presidential campaign in Sokoto State, earlier scheduled for Saturday, October 31, to Wednesday, November 4.
The party’s Presidential Campaign Council in Sokoto State announced the postponement in a press statement issued on Wednesday, and signed by its Director-General, Bello Aliyu Goronyo.
According to the statement, the decision was taken to address certain planning and coordination issues to ensure the successful conduct of the campaign event.
The council appealed to party leaders, stakeholders, supporters and members of the public to take note of the new date, while expressing regret over any inconvenience caused by the change in schedule.
“The African Democratic Congress (ADC) Presidential Campaign Council in Sokoto State wishes to announce the postponement of its Presidential Campaign Flag-off, earlier scheduled for Saturday, 31st October 2026, to Wednesday, 4th November 2026,” the statement read.
Explaining the reason for the change, the council said, “The decision follows the need to address certain planning and coordination considerations to ensure the successful conduct of the event.”
“The Campaign Council regrets any inconvenience the change may cause and sincerely appreciates the understanding, patience and continued support of party leaders, stakeholders, supporters and members of the public,” Goronyo added.
He urged all concerned to take note of the new date and expressed the council’s readiness to welcome party leaders, supporters and other stakeholders to the event.
The postponement comes amid reports of difficulties involving hotel accommodation in Sokoto ahead of the campaign flag-off originally scheduled for Saturday.
Reports had emerged that hotel rooms were being booked ahead of the planned ADC event, with allegations that some hotel owners were refusing to release rooms to prospective guests.
The development comes as the ADC continues preparations for the 2027 general election, with former Vice President Atiku Abubakar as the party’s presidential candidate.
Rotimi Amaechi // Atiku Abubakar
The party is seeking to strengthen its support across the country as opposition parties prepare to challenge President Bola Tinubu and the ruling All Progressives Congress in the forthcoming presidential election.
The council said the timetable, which contained proposed dates and locations for campaign rallies and other political activities across the country, had not been authorised by the campaign organisation.
In a statement signed by the Director of Media and Publicity of the ADC Presidential Campaign Council, Kola Ologbondiyan, the party clarified that the document did not originate from the council or its campaign office.
“The African Democratic Congress Presidential Campaign Council (ADC-PCC) has disowned an unsigned campaign timetable currently in circulation, clarifying that the document did not emanate from the Council or its campaign office,” the statement said.
Ologbondiyan urged party members and stakeholders to wait for official announcements regarding the campaign schedule.
“Accordingly, all members and stakeholders are urged to disregard the document and await official communications from the ADC-PCC on campaign activities and schedules,” he added.
The unsigned timetable listed Sokoto State as the proposed starting point for the presidential campaign on October 31, 2026, and outlined proposed activities in several other states before a closing rally scheduled for Adamawa State on January 11, 2027.
The document also contained proposed dates for rallies, town hall meetings and other political engagements in states including Kebbi, Zamfara, Ogun, Oyo, Rivers, Delta, Edo, Cross River, Anambra, Enugu, Ebonyi, Abia, Benue, Plateau, Kaduna, Kano and Borno.