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TEXXR

Chronicles

The story behind the story

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Sources: SpaceX, OpenAI, and Anthropic could all go public in 2026; those three deals alone would outstrip the total proceeds from the ~200 US IPOs in 2025

George Hammond / Financial Times :

Financial Times George Hammond

Discussion

  • @stephenjudkins Stephen Judkins on bluesky
    The AI majors cannot keep burning money indefinitely, especially if the rate of burn is constantly increasing