Ukraine is using Palantir Technologies Inc PLTR +6.31% + Free Alerts
software effectively in the war with Russia, but CEO Alex Karp believes Russian President Vladamir Putin won’t stop with Ukraine.
“It’s very hard to know what’s going to happen, but you have an adversary who is zero-sum,” Karp said Tuesday in an interview at the World Economic Forum aired on CNBC’s “Squawk Box.”
What To Know: As Russia continues to push forward in the Donbas region in east Ukraine, Karp is warning that the Russian president isn’t going to stop.
“If Putin goes home and says ‘hey, we lost,’ he will lose his life,” Karp said.
“I don’t think the war is likely to end in Ukraine.”
The Palantir CEO told CNBC that Putin will continue pushing forward even though Ukraine has shown that it can win the war using Palantir technology combined with heroism.
If the West allows Putin to continue pushing forward, violating the sovereignty of Ukraine, it will set a horrible precedent, he said: “So we can’t allow that to happen.”
Alp Sevimlisoy originally featured as per: Benzinga
