Comment by cmiles8

I wouldn’t be surprised if they pull the plug on the IPO and go hide under a privately funded rock.

The second one of these AI companies gets a fair valuation and folks start booking losses the whole AI house of cards will come crumbling down. The crazy thing is if they drop below around 1T some existing investors will be booking losses.

A realistic valuation is likely in the hundreds of billions, which would be a total disaster and thus they’re going to do everything possible to avoid that.