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In July, Palantir Technologies Inc. (PLTR) chief executive Alex Karp went on CNBC and called the AI industry's token pricing model "effing insane", accusing frontier labs of overcharging enterprises while quietly absorbing their data.
The rant went viral, but it also doubled as a pitch. Karp's argument was that renting AI by the token means handing a vendor the workflows and proprietary data that make a business valuable in the first place.
That case only works if Palantir has somewhere else to send customers. Its software, AIP, Foundry and Ontology, runs on top of compute infrastructure the company itself does not own.
Sovereign AI is industry shorthand for systems a customer fully controls, its data, its model weights, and the hardware underneath, rather than a subscription to someone else's cloud.