Comment by rhetocj23
10 days ago
It may be true that OAI et al are raising money in private markets, but does that matter? Ultimately they are still just raising money. Ultimately returns need to show up. You cannot escape that. If you cannot do that nobody will eventually supply the funds to keep operating.
The big advantage of staying private is controlling the narrative.
Because the comment was specifically pointing out that this doesn't seem like a bubble because there aren't many IPOs or public pure play AI companies.