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But we saved everything 🙂.
Deirdre Bosa highlights that OpenAI and Anthropic are expected to go public at valuations exceeding $800 billion, based on the belief that their competitors will not catch up.
She points out that Chinese labs have already matched their progress at a significantly lower cost, and that American companies such as Nvidia and ReflectionAI are rapidly working to develop open weight alternatives.
Earlier, Bosa reported that Musk’s loss to Altman may ease legal distractions and potentially clear the way for a SpaceX IPO. She has also highlighted Cerebras’s revenue strategy, noting a single customer is providing over $20 billion in revenue. These developments come as the AI sector continues to attract outsized valuations and attention from investors.