American businessman and Palantir co-founder, CEO
Palantir has reported 93% year‑over‑year revenue growth to $1.94 billion for Q2 and raised full‑year revenue guidance to about $8.15–8.16 billion. Government and commercial demand are driving the surge, while investors weigh the sustainability of the expansion amid broader AI questions.
OpenRouter and Concentrate AI are expanding AI-model routing, driving demand for cheaper models and cost controls as Anthropic and OpenAI race to go public. The landscape shifts as buyers seek value and governments debate how to share benefits from AI progress.
A coalition of U.S. state attorneys general has subpoenaed OpenAI for internal documents on advertising, user engagement, handling of health and consumer data, and protections for minors and seniors. OpenAI has said it will "engage constructively," highlighted new safeguards in ChatGPT and is cooperating with investigators while facing related lawsuits and regulatory pressure.
Markets are stabilising after a stretch of high activity in tech options, with traders shifting focus as implied volatility cools. Small caps are leading potential next moves, while global equities reflect a policy-led, carry-friendly regime.
Michael Burry has placed bearish bets against key AI-driven stocks and the SOXX semiconductor ETF, while updating bets on Nvidia, Tesla, and Caterpillar. The moves come as chipmakers and AI-related firms rally on spending and demand signals, with Burry warning the rally may be near its end.
Karp has said U.S. firms are turning to cheaper Chinese AI models amid regulatory pressure on top U.S. models, driving a shift in enterprise AI strategy and impacting domestic AI labs.
Thinking Machines has released Inkling, a foundation model designed for customization by enterprises. It draws on large-scale pretraining but is optimized to run with lower compute, offering a tunable balance of cost and performance and open-weight accessibility for fine-tuning on private data.
Enterprises are shifting budgeting to value over token costs as AI costs rise. Leaders argue for metrics based on useful work and task-level economics, with pilots testing open-weight and sovereign models.
Ukraine has replaced its commander-in-chief and appointed Mykhailo Drapatyi as the new head of the armed forces amid political upheaval and protests over the removal of Defence Minister Mykhailo Fedorov. Zelenskyy says unity requires change, while protests demand Fedorov’s return; Drapatyi pledges intensified offensive planning and modernization.
The White House has expanded a nonbinding Ratepayer Protection Pledge to include nearly 200 additional utilities, governors and data‑center developers, and President Trump has urged local leaders to welcome data centers as economic opportunities. Critics say the pledge lacks enforcement and will not prevent rising electricity bills as AI-related power demand grows.
Enterprise leaders confront rising token costs as tokenmaxxing shifts from hype to pragmatism. Leaders say tokenomics must guide responsible exploration of agentic AI, with a focus on cost efficiency and value.
Palantir has argued that enterprises should retain control of data and models, pushing back against token-based AI pricing. The company reports strong Q2 results, with revenue growth led by the US, and raises its full-year outlook.