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Palantir touts record expansion and ‘battlefield’ AI value

RT International·RT·28 days ago
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CEO Alex Karp casts the surveillance giant as “sentinels of the inner sanctum, against the assault of AI slop” Palantir Technologies reported a blowout first quarter, saying revenue rose 85% year on year to $1.63 billion as its US business more than doubled, driven by rapid growth across both commercial and government customers. The company said in its Q1 report , published Monday, that US revenue jumped 104% to $1.28 billion, with commercial revenue up 133% to $595 million and government revenue up 84% to $687 million. The results beat Wall Street estimates, and the company also raised its full-year guidance, saying it now expects 2026 revenue of up to $7.66 billion, implying annual growth of about 71%. CEO Alex Karp, who has increasingly framed Palantir’s AI tools as central to Western military and industrial power, said the “twin pistons of our US business are now firing in sync.” Palantir reports Q1 ‘26 U.S.…

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