Palantir CEO Alex Karp: CEOs are Livid 7/1/26

Squawk Pod

CNBC

Investing, Business, Business News, News

4.2 • 547 Ratings

🗓️ 1 July 2026

⏱️ 45 minutes

🔗️ Recording | Apple Podcasts | RSS

🧾️ Download transcript

Summary

Palantir CEO Alex Karp is fired up about the costs of AI lab tokens–and he assures us that every other CEO is angry, too. In a passionate interview, Karp addresses “tokenmaxxing,” national security, global AI competition, and Palantir’s expanded partnership with Nvidia. Then, two teens from opposite sides of the political aisle have come together to write a book about bipartisanship. Larra Mullin, daughter of DHS Secretary Markwayne Mullin, and Ellie Gottheimer, daughter of Congressman Josh Gottheimer (D-NJ), discuss their upbringing in and out of Washington, D.C. Plus, stocks are kicking off the second half of 2026 after a strong performance in the first, the U.S. government has lifted export controls on Anthropic’s Fable 5 and Mythos 5 models, Nike has reported its quarterly earnings, and President Trump’s annual financial disclosure report is making headlines. Alex Karp - 21:53 Ellie Gottheimer & Larra Mullin - 43:05 In this episode: Alex Karp, @PalantirTech Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Seema Mody, @seemacnbc Katie Kramer, @Kramer_Katie

Transcript

Click on a timestamp to play from that location

0:00.0	Bring in show music, please.
0:04.0	Hi, I'm CNBC producer Katie Kramer.
0:07.0	Today on Squawk Pod.
0:09.8	Palantir CEO Alex Karp, a big interview that starts with a new partnership with chipmaker
0:15.4	Nvidia.
0:16.3	What aligns me with Nvidia and I think is what what the technical customers want, which is control over
0:24.3	their compute, their models, their data stack, and their alpha.
0:28.5	And spans to everything else he's fired up about in artificial intelligence and national security.
0:33.9	Are we really going to outsource the battlefield of this country to the consensus
0:39.0	view in Silicon Valley?
0:40.7	That is effing insane.
0:43.7	Then what happens when two daughters of Congress forge a friendship across the aisle?
0:48.5	New children's book authors, Ellie Gottheimer of New Jersey.
0:51.5	Just our dads have always been friends forced against our world to go to a bipartisan workout
0:56.2	group most mornings when we're in Washington, D.C., so it's kind of trauma bonded over that a little bit.
1:01.3	And Laura Mullen, daughter of the Homeland Security Secretary Mark Wayne Mullen.
1:05.3	It was definitely very different than when you say the normal childhood.
1:08.9	A couple times I felt like Hannah Montana.
1:11.8	Plus, a mountain of disclosures about the president's finances.
1:15.6	Ethics, watchdogs, obviously are going to be all over this.
1:18.6	Should a sitting president be allowed to trade stocks on a regular basis?
1:22.5	Should a congressman?
	...

Transcript will be available on the free plan in 2 days. Upgrade to see the full transcript now.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.