Palantir CEO Alex Karp said his company is in an artificial intelligence arms race with its competitors, after reaching a deal with Lumen Technologies in which Palantir will deploy AI throughout Lumen's digital communications network and enhance data use and effectiveness.

Karp and Lumen CEO Kate Johnson spoke on Wednesday to Fox Business' Liz Claman about the agreement, as well as AI and privacy warnings.

"We're in an arms race here," Karp said. "This is, that's all academic, super academic. It's like we're gonna either have AI and determine the rules, or our adversaries will have it, and they'll determine the rules. And it, and so this is why these infrastructure things are crazy important, because in order to make it work, what do you need? You need infrastructure that can actually ru

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