"Palantir's fourth-quarter earnings call turned into a geopolitical broadside as CEO Alexander Karp blasted Canada and much of Europe for falling behind in the artificial intelligence race, casting the global economy as a looming conflict between "AI haves" and "have-nots." Speaking after Palantir reported 70% year-over-year revenue growth to $1.407 billion in the fourth quarter and a Rule of 40 score of 127, Karp argued that the company's performance exposed a widening gap."
""We've also seen, unfortunately, that there's a real hesitance to adopt these kind of products in the West outside of America, and the two places leading here are China and America," he said. "What we're seeing in America is so widely divergent. And so the non‑adopters, the have‑nots, are hoping for a catch‑up function." Good luck, he seemed to say, asserting that Palantir's earnings are a "breakout function" that mean "the way in which we view value is obviously no longer relevant.""
Palantir reported 70% year-over-year revenue growth to $1.407 billion in the fourth quarter and a Rule of 40 score of 127. U.S. business grew 93% year-over-year, accounting for 77% of total revenue. The earnings were framed as evidence of a widening gap between countries and institutions willing to overhaul themselves around advanced AI software and those content to tinker at the margins. China and America were identified as leading adopters, while Canada and much of Europe were described as falling behind. The reported value creation was described as so large and disproportionate that adopters could gain outsized economic and strategic advantages, leaving non-adopters struggling to catch up.
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