Palantir CEO Alex Karp says French restrictions on US software are ‘backfiring’

Palantir CEO Alex Karp said on Wednesday French restrictions limiting government use of US-made software were proving counterproductive. His comments followed France’s decision to replace Palantir with domestic provider ChapsVision at intelligence agency DGSI over data sovereignty concerns. Karp said Europe’s regulatory environment was hurting competitiveness.

Palantir CEO Alex Karp said on Wednesday French restrictions limiting government use of US-made software were proving counterproductive. His comments followed France’s decision to replace Palantir with domestic provider ChapsVision at intelligence agency DGSI over data sovereignty concerns. Karp said Europe’s regulatory environment was hurting competitiveness.