Fortune reached out to Palantir for comment.
“There are almost no parasitic elements to this company,” Karp said in the earnings call on Monday. “We have a small sales force. We have very little BS internally. We have a flat hierarchy. We have the most qualified and interesting people, heterodox in their beliefs.”
Like Palantir this year, Nvidia’s stock skyrocketed in 2024—with gains topped 170%. And as each company continues to grow, they’re both on the billionaire-producing track.
“I’ve created more billionaires on my management team than any CEO in the world,” Huang said recently during a panel hosted by venture capitalists running the All-In podcast. “They’re doing just fine.”
Nvidia has about 42,000 and a market cap of about $4.3 trillion, about 10x that of Palantir.
“Don’t feel sad for anybody at my layer,” Huang said. “My layer is doing just fine.”
