Palantir Europe chief warns the region is losing the AI lead, just as it did on the internet.
Palantir UK's head says the US is competing in enterprise AI while Europe hesitates, and explains why he believes the company is facing intense political attacks.
Palantir's ( PLTR ) UK and Europe chief Louis Mosley warned that the region is making the same mistake with artificial intelligence (AI) as it did with the Internet.
Where the U.S. "made the internet," spawned a slew of businesses and became the backbone of the digital economy, Europe "missed the boat," Moseley told CoinDesk in an interview.
Divergence between markets has been evident in recent decades. Europe and the United States were roughly comparable 20 years ago in terms of GDP per capita, the depth of their capital markets, and the scale of their largest companies. Since then, the US has picked up growth while Europe has barely advanced by comparison.
Previous waves of technology produced European champions. He said the internet wave produced almost none, with ASML being the rare exception.
"It's the biggest European company that tells you its value is in technology," he said.
Artificial intelligence will be even more consequential, argued Moseley, executive vice president of Palantir UK and Europe. According to Moseley, European companies are cautious, with the attitude that "this is new, which means it can be risky. I will wait and see."
Palantir builds an ontology and governance framework that allows governments and companies to deploy big language models and agents in healthcare, industry or defense.
Moseley called the company "the purest proxy in the public markets for the rate of AI adoption in the economy." Palantir is model-agnostic: customers can run OpenAI, Entropic, Gemini, Grok, Open Weight Models or Chinese systems and fine-tune them based on their own data.
Opposition to Palantir across the UK and Europe stems from deep defense and law enforcement ties, including providing surveillance software to US Immigration and Customs Enforcement (ICE) under President Donald Trump and supplying targeting systems to the Israel Defense Forces (IDF). Campaigners have argued against using Palantir in systems used by public services, such as the UK's National Health Service (NHS), on ethical grounds.
"The issues that really get these people fired up are Gaza and Trump," Mosley told CoinDesk. In America, Palantir has a contract for the Trump administration, and in Israel, it has a contract with the IDF, and we have a contract with the NHS.
Moseley called it a deviation from internal priorities and asked if politicians would tell an institution that because of unrelated foreign supplier contracts it should wait longer for hip surgery.
Political hostility to energy technology is commonplace: Bitcoin miners were attacked a decade ago for using electricity. Many are now turning to high-performance computing with artificial intelligence and face the same criticisms of power consumption.
While it's true that AI is disrupting jobs, it's also freeing nurses and police from paperwork and increasing productivity, he said. With only about 1,000 customers against a much larger addressable market of complex organizations in the United States, Moseley said he still sees Palantir early.
The biggest risk to artificial intelligence, he said, remains a political failure to explain why the technology is good for people.
"You're making the same mistakes again," Moseley noted of the repeated political backlash. "In the end, I want to believe that good will triumph over evil."
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