Palantir exec calls LLMs a 'jagged intelligence' and outlines the company's next steps in the AI race

Core Insights - Palantir reported its first-ever billion-dollar quarter in Q2, with commercial revenue in the US reaching $628 million, nearly doubling from the previous year, largely due to a $10 billion contract with the US Army [1][3] - The company's executives expressed skepticism about Large Language Models (LLMs), stating they lack true understanding and can make significant errors, contrasting this with Palantir's approach that emphasizes logic and data to create a digital model of organizations [2][3] - The new AI Action Plan from the Trump administration is seen as a positive development for the industry, removing regulatory barriers and generating excitement among customers [4][3] Company Strategy and Talent - Palantir's leadership emphasized the importance of attracting and retaining top talent, suggesting that the company offers unique career opportunities compared to other organizations in the West [8][7] - The executives outlined their strategy to win the AI race, focusing on innovation and the cultivation of a skilled workforce [3][7]