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Palantir CEO Backs Trump Amid Controversial Military Ties

4/11/2026

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Story summary
  • Alex Karp, CEO of Palantir Technologies, attended Pennsylvania Energy and Innovation Summit on July 15, 2025.
  • U.S. President Donald Trump praised Palantir on Truth Social, noting its military capabilities as stock fell 15%.
  • The U.S. military uses Palantir's AI platform for targeting in the Middle East, including Iran strikes.
  • Karp shifted to back the Trump administration, provoking dissent and departures after his Israel stance following Hamas attack on October 7.