Edit: Or has so much somehow changed in two weeks that it’s no longer necessary to wait until next year?
At least that's my understanding of the current market dynamics regarding IPOS, if I'm wrong that would be great, and if someone else would explain it even better.
Even third world doesn't have this much shameless and corrupt regime as much as this one is.
Perhaps they will just tell a lot of lies.
In the past people would generally avoid this when it came to stock market filings for fear of legal consequences, but the OpenAI C-Suite is already at least +$26 million to Trump and has plenty more to send his way if that doesn't cover it.
Crime is legal in 2026 (if you can afford the kickback fees).
I am sure nothing bad will happen
Are we now suggesting people get out of index funds?
Worse, will this and spacex ipo destroy the index funds?
Nay, it is not just “ok”. It is imperative that you diversify if you want a strong and resilient portfolio.
My Aunt runs an accounting firm and is constantly moaning about the number of people who have over accumulated cash from IPOs and have no clue what to do with it all.
https://www.reuters.com/business/anthropic-nears-first-quart...
That being said, it does look like it's being partially subsidized by Elon burning lots of money. We'll see if he can keep it up or if it will be left behind as hardware evolves.
It COULD reach $10.9 billion. It COULD also completely shit itself and go bust. We'll just all have a fun time finding out together, won't we, investors?
How you go from 380 to 900 billions in a month, I am very curious? So now Anthropic is evaluated 900 billions! Journalism this days is worse than my kids social media channel. Totally, I believe you, go for it, is just one more zero bro. Everyone Brace for Impact.
Let´s do it also, Breaking News: HUGSTON in talks with investors now Evaluated at 1 Billion Euro.
So there's still hope that the bubble pops before the funds are poisoned.
So what does OpenAI even lead at? Name recognition because they were first? At some point they were supposed to be specialising in medicine but I notice no difference between Gemini and ChatGPT when it comes to medical questions or analysis.
My prediction is OpenAI will be the first big one to go bankrupt or be acquired, which is also probably why they are rushing this IPO: gotta get the founders cashed out.
Somewhat of an aside, but I have no idea if AGI is actually possible with LLMs, but Claude is the closest thing to a person that I’ve used (even if it has its moments of abject retardation - not unlike humans, I guess).
The market doesn't necessarily reward better products or (in this case) more intelligence.
If it did, I'd be a lot richer than many of the mainstream startups.
It does when the product being sold is sold based on how intelligent (and thus how capable) it is. Unfortunately with people intelligence is merely an imprecise proxy of capability or organisational productivity.
Did you invest in Tesla and now invest in Open AI because who cares about ethics if you can make money?
Anthropic has the obviously the better product and were seemingly ethically better until they burnt their developer goodwill and started accepting Musk infrastructure.
But does having a better product actually translate to making more money?
Should I just lay down and die because there's no good choice when it comes to investing in this product they market as killing off people's livelihoods?
According to what metrics does Anthropic have the better product?
I’m not nearly an expert at any level, but it seems to me the models themselves are converging on “good enough” for coding, with the real differentiator being the harness and tooling.
From a bystander and casual user perspective it all seems running as fast as it can to commoditization to me.
I’m certainly the dumb money here so won’t be investing short or long for any of these. But I do find it interesting!
Not to say you're wrong about commoditization. I don't think these companies will be able to raise their prices and keep them there to make enough money to keep building models like they've been doing.