Palantir's CEO Alex Karp says the U.S. needs to lead in AI as China is doing very well.

Nov 3, 2026, 2:38 AM ETResultsRead the original at Benzinga

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Palantir beat sales and adjusted profit estimates and raised its 2026 sales forecast, supporting stronger growth. Karp warned China is strong in AI, but the story reports no lost sales or customers.

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That points to customers spending more on Palantir's software. Its next-quarter sales forecast also exceeds analysts' estimate, and its full-year forecast rose. Karp's warning that China is strong in AI shows competition, but the story reports no lost sales or customers.

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