Alex Karp argues that the United States and China lead the race in artificial intelligence, while Europe’s regulatory caution and bureaucratic resistance slow its deployment. Palantir, which holds contracts in 11 European countries worth approximately $296 million, is facing pressure over contract renewals. In France, the DGSI replaced Palantir with domestic supplier ChapsVision, prompting similar reassessments of partnerships in the United Kingdom and Germany. Meanwhile, Palantir’s US revenue reportedly rose 93% in 2026 despite sluggish European growth, but Karp sees potential collaborations with Lithuania and Poland.
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