$PLTR: AI Profit Pools May Be Shifting From Models to Applications

The money is landing one layer above the AI labs. A compilation across four podcasts points to the same thesis: models may commoditize, while the software built around them could capture profits first.
Jordi Visser cited Palantir’s 149% company revenue growth. Palantir CEO Alex Karp and Amit Kukreja argued that enterprises paying for AI tokens could eventually see more of their business “alpha” migrate to the providers they pay.
Dan Ives says the market could eventually have hundreds of specialized LLMs serving different industries and regions. Nikesh Arora summed up the thesis: “The profit pools are in applications, not in models.”
$PLTR is one publicly traded example of this application-layer AI thesis.