Ukraine is using Palantir Technologies Inc (NYSE: PLTR) software effectively in the war with Russia, but CEO Alex Karp believes Russian President Vladamir Putin won’t stop with Ukraine.<\/p>\n
“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.”<\/p>\n
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.<\/p>\n
“If Putin goes home and says ‘hey, we lost,’ he will lose his life,” Karp said.<\/p>\n
“I don’t think the war is likely to end in Ukraine.”<\/p>\n
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.<\/p>\n
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.”<\/p>\n
Why It Matters: Karp previously suggested the war could end if Putin fails, but it doesn’t look like a failure, however, Putin’s reign could be coming to a close via removal by the Russian government.<\/p>\n
Over the weekend, Geopolitical strategist Alp Sevimlisoy told Benzinga that coups are forming within the government aimed at removing Putin from power.<\/p>\n
Putin’s successor “would have to pick between a desire to atone for their actions and seek re-entry into the community of nations or to move further into an isolated position globally,” Sevimlisoy said.<\/p>\n
What’s Next: Karp told CNBC that Palantir’s business is stronger than it’s ever been and suggested the strength could continue based on his warning of what’s to come.<\/p>\n
“We are the world’s best, in my view, at building software before people need the software,” Karp said.<\/p>\n