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Palantir CEO Alex Karp dismissed concerns about an AI bubble, attributing skepticism to the failure of many AI projects. Speaking at the World Economic Forum, he emphasized that the industry is still in its early stages and that simply purchasing AI models is insufficient. Karp noted that companies need to build a software layer to effectively manage AI models to generate value. The AI industry has sparked debate, with some experts warning of a bubble, while others argue that actual AI usage should dictate its viability.
The data analytics company will release its year-end results early next month.
HD Hyundai Chairman Chung Kisun attended the 2026 World Economic Forum in Davos, discussing AI and energy transition. This marks his fourth consecutive year at the forum, where he engaged in discussions on industry transformation and global growth challenges. He met with Palantir CEO Alex Karp to expand their strategic partnership, enhancing collaboration across HD Hyundai's affiliates. The partnership aims to integrate data and AI capabilities to drive digital transformation and establish a Center of Excellence for advanced analytics.
What does 2026 have in store for one of the market's hottest AI plays?
Lumen Technologies (LUMN) President and CEO Kate Johnson discusses the partnership with Palantir (PLTR), importing AI and the outlook for the company. She speaks on the sidelines of the World Economic Forum in Davos.Bloomberg videos, provided by MT Newswires