News Summary

• Palantir posted $1.9 billion in quarterly revenue globally, up 93% year over year.
• US commercial revenue hit a record $764 million, a 149% jump from a year earlier.
• CEO Alex Karp said Palantir achieved these results with a "minuscule and shrinking sales head count" Karp's comments reflect a growing trend in the AI world: the rise of so-called "Tiny Teams," where companies use AI to do much of the work traditionally done by human employees.