Analysis: 10 loss-making AI startups, like OpenAI and Anthropic, gained almost $1T in valuation over the past year, fueling fears of a bubble in private markets
Unprecedented funding leads 10 groups including OpenAI and Elon Musk's xAI to gain almost $1tn in value in past year
Chart of the day - from this story on how ten AI start-ups have gained close to $1tn in valuation over the past 12 months from @georgehammond.bsky.social. “Of course there's a bubble,” said Hemant Taneja of General Catalyst. www.ft.com/content/59ba... [image]
“Ten lossmaking artificial intelligence start-ups have gained close to $1tn in valuation over the past 12 months, an unprecedented increase that adds to fears about an inflating bubble in private markets that could spill over into the wider economy.”