Will the AI race fuel another boom or another bubble?
The AI industry is witnessing a surge as major companies prepare for public listings, potentially leading to significant market changes. Valuations of firms like SpaceX, OpenAI, and Anthropic have reached trillions, attracting various investors. However, analysts caution that these companies have yet to turn a profit and their business models remain unclear.
- ▪AI giants are nearing public listings, marking a significant moment in tech history.
- ▪Combined valuations of these companies are in the trillions.
- ▪Investors may inadvertently own shares through pension funds and managed investments.
Opening excerpt (first ~120 words) tap to expand
play videoplay videoVideo Duration 28 minutes 00 seconds play-arrow28:00Counting the CostWill the AI race fuel another boom or another bubble?AI giants are racing towards public listings as valuations soar.Read moreSpaceX, OpenAI and Anthropic are edging closer to becoming publicly traded companies – in what could be one of the biggest waves of tech listings in history. Combined valuations already run in the trillions.Through pension funds, retirement savings and managed investments, people could end up owning shares in these companies whether they choose to or not.These firms need a lot of money to build data centres, servers and infrastructure. Going public is one way to raise it.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Al Jazeera English.
Discussion
0 commentsMore from Al Jazeera English
