Palantir Technologies CEO Alex Karp has warned that the US-China AI race will likely have only one winner, urging Western countries to act fast to stay competitive. In a recent interview with CNBC, Karp highlighted the serious risks and benefits of AI, stressing that innovation and national security go hand-in-hand. He also addressed political criticism about Palantir’s federal contracts and denied surveillance allegations. Despite recent stock dips, Palantir’s value surged 435% over the past year. With billions at stake and global power dynamics shifting, Karp’s message is clear—the AI race is on, and the West must lead.