Palantir Co-Founder Says AI Giants Face Endless Capital Hunt But 'Afraid To Scare Their Investor' - Alphabet (NASDAQ:GOOG), ARK Innovation ETF (BATS:ARKK)
Benzinga·2025-10-31 12:40Joe Lonsdale, the co-founder of Palantir Technologies Inc. (NASDAQ:PLTR) said the top brass in the artificial intelligence (AI) industry are underestimating the resources required to achieve their ambitious targets.Continuous Cycle Every 3-6 MonthsLonsdale, who is also the founder of venture firm 8VC, warned about the creation of “a continuous cycle where executives look for more capital and energy every three to six months to power their initiatives”. The Palantir co-founder on CNBC’s “Squawk Box” on Thurs ...