Palantir's Europe head warns the region is 'missing the boat' on AI just as it did with the internet
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Summary
Palantir's Europe head, Louis Mosley, warned that Europe is "missing the boat" on artificial intelligence (AI) as it did with the internet, due to a cautious stance on AI adoption among European companies. He cited Palantir's strong U.S. commercial growth versus hesitancy in Europe and noted political controversies around Palantir's defense and law enforcement contracts distract from AI's potential benefits.
Why it matters
Mosley argues this caution risks Europe falling behind in AI-driven productivity and innovation, repeating the economic divergence experienced after the internet boom where the U.S. surged ahead while Europe stagnated. The source frames AI as a technology that could significantly improve public services and productivity, making Europe's slow adoption a missed opportunity.
Key context
20 years ago, Europe and the U.S. were economically comparable, but the U.S. dominated internet-era growth while Europe failed to produce many tech giants, with ASML as a notable exception. Palantir provides AI governance tools allowing customers across sectors to deploy various AI models, acting as a proxy for AI adoption rates. Political opposition to Palantir's contracts, especially related to U.S. and Israeli defense agencies, creates ethical concerns but is seen by Mosley as a distraction from domestic benefits.
Key numbers and entities
Louis Mosley (Palantir's head for U.K. and Europe), Palantir (ticker: PLTR), ASML are mentioned. The source notes Palantir serving around 1,000 customers with a broader addressable market in allied countries but gives no explicit financial figures.
What remains unclear
The source does not provide detailed data on Europe’s overall AI adoption rates or specific policy responses influencing that caution. It also does not clarify how Palantir plans to overcome political opposition in Europe or specify which sectors outside defense and law enforcement may drive future growth.