Perhaps. But they made $1.6 billion in net income in 2025, which, from a business perspective, makes them about $10.6 billion more competent than OpenAI.
You can view it however you want, but reality disagrees with you. Palantir's profit comes from real customers paying real money for their real products.
And it's hilarious that you would compare Palantir to a crypto pump-and-dump while claiming OpenAI creates more value and is more successful.
Things are hacked together, extremely difficult to change (without a pile of more hacks, Palantir is most interested in embedding itself deeper and manipulating RFPs than helping orgs operate more effectively, they waaaaaay overpromise during sales and can’t deliver, costs and timelines overrun by a lot, they’ll shift the goalposts by trying to sell the next Magic Fix before the first thing is finished (because they oversold/botched implementation) or has delivered value commensurate with its cost.