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Yet they still are knocking on the door of a 1tn valuation. 😖
Because the market isn’t connected to reality. It is just connected to the oligarch circle jerk, and the oligarchs fucking love AI in every shape and form.
This is pretty much what everyone said immediately after Anthropic reached for the “too powerful for the public” excuse. Weve all seen this exact song and dance before. I suppose when you’ve just finished shoveling billions of dollars of speculative funding into a data center inferno its not acceptable to say that you rolled the dice and they came up snake eyes, but its still galling to be lied to so transparently.
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